Yuan Cheng Cable Co.,Ltd.’s Net Profit Dropped 10.9% in First Three Quarters of 2023

Yuan Cheng Cable Co.,Ltd. (远程电缆股份有限公司) (002692.SZ) reported a net profit of 32 million yuan in the first three quarters of 2023, down 10.9% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.