Hengtong Optic-Electric Co.,Ltd.’s Net Profit Rose 17% in First Three Quarters of 2023

Hengtong Optic-Electric Co.,Ltd. (江苏亨通光电股份有限公司) (600487.SH) reported a net profit of 1.8 billion yuan in the first three quarters of 2023, up 17% year-on-year.

Meanwhile, the company posted 35.1 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 59.9 billion yuan in total assets and 33.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55.7%.