Xi'An High Voltage Apparatus Research Institute Co.,Ltd.’s Net Profit Rose 45% in First Three Quarters of 2023

Xi'An High Voltage Apparatus Research Institute Co.,Ltd. (西安高压电器研究院股份有限公司) (688334.SH) reported a net profit of 124 million yuan in the first three quarters of 2023, up 45% year-on-year.

Meanwhile, the company posted 437.1 million yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 417.3 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.