Zhejiang Chint Electrics Co.,Ltd.’s Net Profit Rose 8.5% in First Three Quarters of 2023

Zhejiang Chint Electrics Co.,Ltd. (浙江正泰电器股份有限公司) (601877.SH) reported a net profit of 4 billion yuan in the first three quarters of 2023, up 8.5% year-on-year.

Meanwhile, the company posted 42.6 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 115.1 billion yuan in total assets and 69.3 billion yuan in total liabilities, with a liability-to-asset ratio of 60.2%.