Sunward Intelligent Equipment Co.,Ltd. Posted 33.2 Million Yuan Net Profit in First Three Quarters of 2023

Sunward Intelligent Equipment Co.,Ltd. (山河智能装备股份有限公司) (002097.SZ) reported a net profit of 33.2 million yuan in the first three quarters of 2023, reversing a net loss of 105.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 5.3 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 21.2 billion yuan in total assets and 16.4 billion yuan in total liabilities, with a liability-to-asset ratio of 77.2%.