Hebei Huatong Wires And Cables Group Co.,Ltd.’s Net Profit Rose 71% in First Three Quarters of 2023

Hebei Huatong Wires And Cables Group Co.,Ltd. (河北华通线缆集团股份有限公司) (605196.SH) reported a net profit of 289.4 million yuan in the first three quarters of 2023, up 71% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.