Guangzhou Zhiguang Electric Co.,Ltd.’s Net Profit Rose 10% in First Three Quarters of 2023

Guangzhou Zhiguang Electric Co.,Ltd. (广州智光电气股份有限公司) (002169.SZ) reported a net profit of 30.7 million yuan in the first three quarters of 2023, up 10% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 24.5% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.