Shenzhen Soling Industrial Co.,Ltd.’s Net Profit Rose 649.1% in First Three Quarters of 2023

Shenzhen Soling Industrial Co.,Ltd. (深圳市索菱实业股份有限公司) (002766.SZ) reported a net profit of 18.9 million yuan in the first three quarters of 2023, up 649.1% year-on-year.

Meanwhile, the company posted 729.8 million yuan in revenue, up 30.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 577 million yuan in total liabilities, with a liability-to-asset ratio of 45.4%.