Qingdao Tgood Electric Co.,Ltd.’s Net Profit Rose 469.5% in First Three Quarters of 2023

Qingdao Tgood Electric Co.,Ltd. (青岛特锐德电气股份有限公司) (300001.SZ) reported a net profit of 197.1 million yuan in the first three quarters of 2023, up 469.5% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, up 36.6% year-on-year.

At the end of the reporting period, it had 22.5 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 67%.