Nanxing Machinery Co.,Ltd.’s Net Profit Rose 16.7% in First Three Quarters of 2023

Nanxing Machinery Co.,Ltd. (南兴装备股份有限公司) (002757.SZ) reported a net profit of 241.6 million yuan in the first three quarters of 2023, up 16.7% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.