Zhejiang Dayuan Pumps Industry Co.,Ltd.’s Net Profit Rose 125.4% in First Quarter of 2023

Zhejiang Dayuan Pumps Industry Co.,Ltd. (浙江大元泵业股份有限公司) (603757.SH) reported a net profit of 59.7 million yuan in the first quarter of 2023, up 125.4% year-on-year.

Meanwhile, the company posted 361.9 million yuan in revenue, up 40.1% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 922.7 million yuan in total liabilities, with a liability-to-asset ratio of 36.4%.