Zhejiang Dibay Electric Co.,Ltd.’s Net Profit Dropped 37.4% in First Half of 2023

Zhejiang Dibay Electric Co.,Ltd. (浙江迪贝电气股份有限公司) (603320.SH) reported a net profit of 14.6 million yuan in the first half of 2023, down 37.4% year-on-year.

Meanwhile, the company posted 445 million yuan in revenue, down 16.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 479.6 million yuan in total liabilities, with a liability-to-asset ratio of 37.5%.