Tianjin Quan Ye Chang(Group) Co.,Ltd.’s Net Profit Rose 13.1% in First Three Quarters of 2023

Tianjin Quan Ye Chang(Group) Co.,Ltd. (金开新能源股份有限公司) (600821.SH) reported a net profit of 788.5 million yuan in the first three quarters of 2023, up 13.1% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 7.6% year-on-year.

At the end of the reporting period, it had 33.1 billion yuan in total assets and 23.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.