May 03, 2023 08:00 AM

Ningbo Donly Co.,Ltd.’s Net Profit Dropped 76.7% in First Quarter of 2023

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Ningbo Donly Co.,Ltd. (宁波东力股份有限公司) (002164.SZ) reported a net profit of 9 million yuan in the first quarter of 2023, down 76.7% year-on-year.

Meanwhile, the company posted 330.4 million yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 42.8%.

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