Guangdong Rifeng Electric Cable Co.,Ltd.’s Net Profit Rose 24.2% in First Three Quarters of 2023

Guangdong Rifeng Electric Cable Co.,Ltd. (广东日丰电缆股份有限公司) (002953.SZ) reported a net profit of 109.3 million yuan in the first three quarters of 2023, up 24.2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 5.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41%.