Harbin Air Conditioning Co.,Ltd.’s Net Profit Dropped 31.8% in First Three Quarters of 2023

Harbin Air Conditioning Co.,Ltd. (哈尔滨空调股份有限公司) (600202.SH) reported a net profit of 24.3 million yuan in the first three quarters of 2023, down 31.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 54.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.