Dajin Heavy Industry Co.,Ltd.’s Net Profit Rose 20% in First Quarter of 2023

Dajin Heavy Industry Co.,Ltd. (大金重工股份有限公司) (002487.SZ) reported a net profit of 74.7 million yuan in the first quarter of 2023, up 20% year-on-year.

Meanwhile, the company posted 854.8 million yuan in revenue, down 8.4% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 35.6%.