Zhejiang Jingsheng Mechanical&Electrical Co.,Ltd.’s Net Profit Rose 97.4% in First Three Quarters of 2023

Zhejiang Jingsheng Mechanical&Electrical Co.,Ltd. (浙江晶盛机电股份有限公司) (300316.SZ) reported a net profit of 4.1 billion yuan in the first three quarters of 2023, up 97.4% year-on-year.

Meanwhile, the company posted 13.5 billion yuan in revenue, up 80.4% year-on-year.

At the end of the reporting period, it had 35.8 billion yuan in total assets and 20.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.4%.