Guangdong Lingxiao Pump Industry Co.,Ltd.’s Net Profit Dropped 16.4% in First Three Quarters of 2023

Guangdong Lingxiao Pump Industry Co.,Ltd. (广东凌霄泵业股份有限公司) (002884.SZ) reported a net profit of 279.9 million yuan in the first three quarters of 2023, down 16.4% year-on-year.

Meanwhile, the company posted 944.8 million yuan in revenue, down 20.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 127 million yuan in total liabilities, with a liability-to-asset ratio of 5.6%.