Zhejiang Grandwall Electric Science&Technology Co.,Ltd.’s Net Profit Rose 15.1% in First Three Quarters of 2023

Zhejiang Grandwall Electric Science&Technology Co.,Ltd. (浙江长城电工科技股份有限公司) (603897.SH) reported a net profit of 109.2 million yuan in the first three quarters of 2023, up 15.1% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.9%.