Shanghai Cooltech Power Co.,Ltd.’s Net Profit Rose 12.2% in First Three Quarters of 2023

Shanghai Cooltech Power Co.,Ltd. (上海科泰电源股份有限公司) (300153.SZ) reported a net profit of 18.8 million yuan in the first three quarters of 2023, up 12.2% year-on-year.

Meanwhile, the company posted 628.7 million yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 829.1 million yuan in total liabilities, with a liability-to-asset ratio of 50%.