Jiangsu Xiuqiang Glasswork Co.,Ltd.’s Net Profit Rose 10.8% in First Three Quarters of 2023

Jiangsu Xiuqiang Glasswork Co.,Ltd. (江苏秀强玻璃工艺股份有限公司) (300160.SZ) reported a net profit of 176.8 million yuan in the first three quarters of 2023, up 10.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 511.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.8%.