Tongyu Heavy Industry Co.,Ltd.’s Net Profit Rose 45.6% in First Three Quarters of 2023

Tongyu Heavy Industry Co.,Ltd. (通裕重工股份有限公司) (300185.SZ) reported a net profit of 254 million yuan in the first three quarters of 2023, up 45.6% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 16.3 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.6%.