Sanfeng Intelligent Equipment Group Co.,Ltd.’s Net Profit Rose 16.7% in First Three Quarters of 2023

Sanfeng Intelligent Equipment Group Co.,Ltd. (三丰智能装备集团股份有限公司) (300276.SZ) reported a net profit of 39.8 million yuan in the first three quarters of 2023, up 16.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 22.6% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58.7%.