China Southern Power Grid Technology Co.,Ltd.’s Net Profit Rose 19.2% in First Three Quarters of 2023

China Southern Power Grid Technology Co.,Ltd. (南方电网电力科技股份有限公司) (688248.SH) reported a net profit of 162 million yuan in the first three quarters of 2023, up 19.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 47.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 33.9%.