Guoguang Electric Company Limited’s Net Profit Rose 83.6% in First Three Quarters of 2023

Guoguang Electric Company Limited (国光电器股份有限公司) (002045.SZ) reported a net profit of 312.4 million yuan in the first three quarters of 2023, up 83.6% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.