Ningbo Huaxiang Electronic Co.,Ltd.’s Net Profit Rose 12.1% in First Three Quarters of 2023

Ningbo Huaxiang Electronic Co.,Ltd. (宁波华翔电子股份有限公司) (002048.SZ) reported a net profit of 1.1 billion yuan in the first three quarters of 2023, up 12.1% year-on-year.

Meanwhile, the company posted 16.4 billion yuan in revenue, up 16.7% year-on-year.

At the end of the reporting period, it had 25.7 billion yuan in total assets and 12.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.