Jiangyin Zhongnan Heavy Industries Co.,Ltd.’s Net Profit Rose 78.5% in First Three Quarters of 2023

Jiangyin Zhongnan Heavy Industries Co.,Ltd. (中南红文化集团股份有限公司) (002445.SZ) reported a net profit of 128.7 million yuan in the first three quarters of 2023, up 78.5% year-on-year.

Meanwhile, the company posted 544.4 million yuan in revenue, up 27.7% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 381.1 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.