Jiangsu Riying Electronics Co.,Ltd. Posted 8.6 Million Yuan Net Profit in First Three Quarters of 2023

Jiangsu Riying Electronics Co.,Ltd. (江苏日盈电子股份有限公司) (603286.SH) reported a net profit of 8.6 million yuan in the first three quarters of 2023, reversing a net loss of 167,239 yuan for the same period in the previous year.

Meanwhile, the company posted 596.8 million yuan in revenue, up 12.8% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 777.9 million yuan in total liabilities, with a liability-to-asset ratio of 46.9%.