Jiangyin Hengrun Heavy Industries Co.,Ltd.’s Net Profit Rose 2.4% in First Three Quarters of 2023

Jiangyin Hengrun Heavy Industries Co.,Ltd. (江阴市恒润重工股份有限公司) (603985.SH) reported a net profit of 58 million yuan in the first three quarters of 2023, up 2.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 8.1% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 27.4%.