Guangdong Tengen Industrial Group Co.,Ltd.’s Net Profit Rose 256.5% in First Three Quarters of 2023

Guangdong Tengen Industrial Group Co.,Ltd. (广东天元实业集团股份有限公司) (003003.SZ) reported a net profit of 29.4 million yuan in the first three quarters of 2023, up 256.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 346.9 million yuan in total liabilities, with a liability-to-asset ratio of 22%.