Tianjin Keyvia Electric Co.,Ltd.’s Net Profit Rose 167.8% in First Three Quarters of 2023

Tianjin Keyvia Electric Co.,Ltd. (天津凯发电气股份有限公司) (300407.SZ) reported a net profit of 66 million yuan in the first three quarters of 2023, up 167.8% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.