Longhua Technology Group(Luoyang) Co.,Ltd.’s Net Profit Rose 17% in First Three Quarters of 2023

Longhua Technology Group(Luoyang) Co.,Ltd. (隆华科技集团(洛阳)股份有限公司) (300263.SZ) reported a net profit of 193.3 million yuan in the first three quarters of 2023, up 17% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.