Sichuan Changhong Electric Co.,Ltd.’s Net Profit Rose 91.9% in First Three Quarters of 2023

Sichuan Changhong Electric Co.,Ltd. (四川长虹电器股份有限公司) (600839.SH) reported a net profit of 1.2 billion yuan in the first three quarters of 2023, up 91.9% year-on-year.

Meanwhile, the company posted 70.1 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 89.2 billion yuan in total assets and 65.7 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.