Jinxi Axle Company Limited’s Net Profit Rose 58.1% in First Three Quarters of 2023

Jinxi Axle Company Limited (晋西车轴股份有限公司) (600495.SH) reported a net profit of 2.2 million yuan in the first three quarters of 2023, up 58.1% year-on-year.

Meanwhile, the company posted 811.3 million yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 736.3 million yuan in total liabilities, with a liability-to-asset ratio of 18.6%.