Wuxi Taiji Industry Corporation Limited Posted 643.2 Million Yuan Net Profit in First Three Quarters of 2023

Wuxi Taiji Industry Corporation Limited (无锡市太极实业股份有限公司) (600667.SH) reported a net profit of 643.2 million yuan in the first three quarters of 2023, reversing a net loss of 380.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 26.4 billion yuan in revenue, up 11.8% year-on-year.

At the end of the reporting period, it had 30.7 billion yuan in total assets and 22.2 billion yuan in total liabilities, with a liability-to-asset ratio of 72.3%.