Guangdong Kingstrong Technology Co.,Ltd.’s Net Profit Rose 7% in First Three Quarters of 2023

Guangdong Kingstrong Technology Co.,Ltd. (广东新劲刚科技股份有限公司) (300629.SZ) reported a net profit of 113.4 million yuan in the first three quarters of 2023, up 7% year-on-year.

Meanwhile, the company posted 383.6 million yuan in revenue, up 20.9% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 322.8 million yuan in total liabilities, with a liability-to-asset ratio of 18.9%.