Hangxiao Steel Structure Co.,Ltd.’s Net Profit Rose 14.3% in First Three Quarters of 2023

Hangxiao Steel Structure Co.,Ltd. (杭萧钢构股份有限公司) (600477.SH) reported a net profit of 275.3 million yuan in the first three quarters of 2023, up 14.3% year-on-year.

Meanwhile, the company posted 7.7 billion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 15.5 billion yuan in total assets and 9.9 billion yuan in total liabilities, with a liability-to-asset ratio of 63.8%.