Dongfang Electric Co.,Ltd.’s Net Profit Rose 16.6% in First Three Quarters of 2023

Dongfang Electric Co.,Ltd. (东方电气股份有限公司) (600875.SH) reported a net profit of 3 billion yuan in the first three quarters of 2023, up 16.6% year-on-year.

Meanwhile, the company posted 43.9 billion yuan in revenue, up 10.4% year-on-year.

At the end of the reporting period, it had 127.4 billion yuan in total assets and 86.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.