Dongfeng Automobile Co.,Ltd.’s Net Profit Dropped 16.7% in First Quarter of 2023

Dongfeng Automobile Co.,Ltd. (东风汽车股份有限公司) (600006.SH) reported a net profit of 100.6 million yuan in the first quarter of 2023, down 16.7% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 26.5% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.