Weihaishi Honglin Electronic Co.,Ltd.’s Net Profit Rose 1% in First Three Quarters of 2023

Weihaishi Honglin Electronic Co.,Ltd. (威海市泓淋电力技术股份有限公司) (301439.SZ) reported a net profit of 155.8 million yuan in the first three quarters of 2023, up 1% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 909 million yuan in total liabilities, with a liability-to-asset ratio of 24.9%.