Zhejiang Jinfei Kaida Wheel Co.,Ltd.’s Net Profit Rose 38.3% in First Quarter of 2023

Zhejiang Jinfei Kaida Wheel Co.,Ltd. (浙江今飞凯达轮毂股份有限公司) (002863.SZ) reported a net profit of 25.1 million yuan in the first quarter of 2023, up 38.3% year-on-year.

Meanwhile, the company posted 931.7 million yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.