Guangzhou Tech-Long Packaging Machinery Co.,Ltd.’s Net Profit Rose 35.1% in First Three Quarters of 2023

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (广州达意隆包装机械股份有限公司) (002209.SZ) reported a net profit of 47.8 million yuan in the first three quarters of 2023, up 35.1% year-on-year.

Meanwhile, the company posted 909.7 million yuan in revenue, up 7.9% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 66.9%.