Wuxi Paike New Materials Technology Co.,Ltd.’s Net Profit Rose 20.6% in First Three Quarters of 2023

Wuxi Paike New Materials Technology Co.,Ltd. (无锡派克新材料科技股份有限公司) (605123.SH) reported a net profit of 423.3 million yuan in the first three quarters of 2023, up 20.6% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 32.3% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 37.8%.