Xcmg Construction Machinery Co.,Ltd.’s Net Profit Rose 1.3% in First Three Quarters of 2023

Xcmg Construction Machinery Co.,Ltd. (徐工集团工程机械股份有限公司) (000425.SZ) reported a net profit of 4.8 billion yuan in the first three quarters of 2023, up 1.3% year-on-year.

Meanwhile, the company posted 71.7 billion yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 164.1 billion yuan in total assets and 107.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.