Jdm Jingda Machine(Ningbo) Co.,Ltd.’s Net Profit Rose 33.1% in First Quarter of 2023

Jdm Jingda Machine(Ningbo) Co.,Ltd. (宁波精达成形装备股份有限公司) (603088.SH) reported a net profit of 38 million yuan in the first quarter of 2023, up 33.1% year-on-year.

Meanwhile, the company posted 156 million yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 690.6 million yuan in total liabilities, with a liability-to-asset ratio of 50.1%.