Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.’s Net Profit Rose 18.1% in First Three Quarters of 2023

Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd. (哈尔滨电气集团佳木斯电机股份有限公司) (000922.SZ) reported a net profit of 283.1 million yuan in the first three quarters of 2023, up 18.1% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 13% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.