Foxconn Industrial Internet Co.,Ltd.’s Net Profit Rose 14.3% in First Three Quarters of 2023

Foxconn Industrial Internet Co.,Ltd. (富士康工业互联网股份有限公司) (601138.SH) reported a net profit of 13.5 billion yuan in the first three quarters of 2023, up 14.3% year-on-year.

Meanwhile, the company posted 328.8 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 272.3 billion yuan in total assets and 139.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.