Shandong Kehui Power Automation Co.,Ltd. Posted 2 Million Yuan Net Profit in First Three Quarters of 2023

Shandong Kehui Power Automation Co.,Ltd. (山东科汇电力自动化股份有限公司) (688681.SH) reported a net profit of 2 million yuan in the first three quarters of 2023, reversing a net loss of 2.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 226.8 million yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 734.7 million yuan in total assets and 172.8 million yuan in total liabilities, with a liability-to-asset ratio of 23.5%.