Shenzhen Megmeet Electrical Co.,Ltd.’s Net Profit Rose 55.5% in First Three Quarters of 2023

Shenzhen Megmeet Electrical Co.,Ltd. (深圳麦格米特电气股份有限公司) (002851.SZ) reported a net profit of 477.7 million yuan in the first three quarters of 2023, up 55.5% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.