Eastern Communications Co.,Ltd.’s Net Profit Rose 71.2% in First Three Quarters of 2023

Eastern Communications Co.,Ltd. (东方通信股份有限公司) (600776.SH) reported a net profit of 112.6 million yuan in the first three quarters of 2023, up 71.2% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 810.2 million yuan in total liabilities, with a liability-to-asset ratio of 19.1%.