Nanjing Xinlian Electronics Co.,Ltd.’s Net Profit Rose 659.3% in First Three Quarters of 2023

Nanjing Xinlian Electronics Co.,Ltd. (南京新联电子股份有限公司) (002546.SZ) reported a net profit of 111.7 million yuan in the first three quarters of 2023, up 659.3% year-on-year.

Meanwhile, the company posted 450.7 million yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 362.3 million yuan in total liabilities, with a liability-to-asset ratio of 10%.