Ningbo Sanxing Medical Electric Co.,Ltd.’s Net Profit Rose 109% in First Three Quarters of 2023

Ningbo Sanxing Medical Electric Co.,Ltd. (宁波三星医疗电气股份有限公司) (601567.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, up 109% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, up 20.8% year-on-year.

At the end of the reporting period, it had 17.9 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.