Minami Acoustics Limited’s Net Profit Rose 306.1% in First Three Quarters of 2023

Minami Acoustics Limited (天键电声股份有限公司) (301383.SZ) reported a net profit of 110.2 million yuan in the first three quarters of 2023, up 306.1% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 61.4% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 690.1 million yuan in total liabilities, with a liability-to-asset ratio of 27.3%.