Lingyi Itech(Guangdong) Company’s Net Profit Rose 52.8% in First Three Quarters of 2023

Lingyi Itech(Guangdong) Company (广东领益智造股份有限公司) (002600.SZ) reported a net profit of 1.9 billion yuan in the first three quarters of 2023, up 52.8% year-on-year.

Meanwhile, the company posted 24.6 billion yuan in revenue, down 0.1% year-on-year.

At the end of the reporting period, it had 38.1 billion yuan in total assets and 19.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.