Zhejiang Sanhua Intelligent Controls Co.,Ltd.’s Net Profit Rose 33.2% in First Three Quarters of 2023

Zhejiang Sanhua Intelligent Controls Co.,Ltd. (浙江三花智能控制股份有限公司) (002050.SZ) reported a net profit of 2.2 billion yuan in the first three quarters of 2023, up 33.2% year-on-year.

Meanwhile, the company posted 19 billion yuan in revenue, up 21.6% year-on-year.

At the end of the reporting period, it had 30.3 billion yuan in total assets and 12.9 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.