Hangzhou Radical Energy Saving Technology Co.,Ltd.’s Net Profit Rose 4% in First Three Quarters of 2023

Hangzhou Radical Energy Saving Technology Co.,Ltd. (杭州雷迪克节能科技股份有限公司) (300652.SZ) reported a net profit of 93 million yuan in the first three quarters of 2023, up 4% year-on-year.

Meanwhile, the company posted 462.6 million yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 288.8 million yuan in total liabilities, with a liability-to-asset ratio of 18.2%.