Xj Electric Co.,Ltd.’s Net Profit Rose 13.1% in First Three Quarters of 2023

Xj Electric Co.,Ltd. (许继电气股份有限公司) (000400.SZ) reported a net profit of 906.2 million yuan in the first three quarters of 2023, up 13.1% year-on-year.

Meanwhile, the company posted 10.7 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 21 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.9%.