Sinotruk Jinan Truck Co.,Ltd.’s Net Profit Rose 46.3% in First Three Quarters of 2023

Sinotruk Jinan Truck Co.,Ltd. (中国重汽集团济南卡车股份有限公司) (000951.SZ) reported a net profit of 901.9 million yuan in the first three quarters of 2023, up 46.3% year-on-year.

Meanwhile, the company posted 30.8 billion yuan in revenue, up 37% year-on-year.

At the end of the reporting period, it had 39.2 billion yuan in total assets and 24 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.