Zhuzhou Crrc Times Electric Co.,Ltd.’s Net Profit Rose 33.5% in First Three Quarters of 2023

Zhuzhou Crrc Times Electric Co.,Ltd. (株洲中车时代电气股份有限公司) (688187.SH) reported a net profit of 2.1 billion yuan in the first three quarters of 2023, up 33.5% year-on-year.

Meanwhile, the company posted 14.1 billion yuan in revenue, up 29.6% year-on-year.

At the end of the reporting period, it had 51.8 billion yuan in total assets and 15 billion yuan in total liabilities, with a liability-to-asset ratio of 28.9%.