Zhejiang Dingli Machinery Co.,Ltd.’s Net Profit Rose 63.2% in First Quarter of 2023

Zhejiang Dingli Machinery Co.,Ltd. (浙江鼎力机械股份有限公司) (603338.SH) reported a net profit of 319.5 million yuan in the first quarter of 2023, up 63.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.