Zhejiang Jindun Fans Co.,Ltd.’s Net Profit Dropped 72.2% in First Quarter of 2023

Zhejiang Jindun Fans Co.,Ltd. (浙江金盾风机股份有限公司) (300411.SZ) reported a net profit of 7.5 million yuan in the first quarter of 2023, down 72.2% year-on-year.

Meanwhile, the company posted 70.7 million yuan in revenue, down 7.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 473.4 million yuan in total liabilities, with a liability-to-asset ratio of 33.4%.