Hwatsing Technology Co.,Ltd.’s Net Profit Rose 64.5% in First Three Quarters of 2023

Hwatsing Technology Co.,Ltd. (华海清科股份有限公司) (688120.SH) reported a net profit of 563.9 million yuan in the first three quarters of 2023, up 64.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 62.4% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.8%.