Zhejiang Yinlun Machinery Co.,Ltd.’s Net Profit Rose 97.1% in First Half of 2023

Zhejiang Yinlun Machinery Co.,Ltd. (浙江银轮机械股份有限公司) (002126.SZ) reported a net profit of 323.5 million yuan in the first half of 2023, up 97.1% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, up 36.1% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.1%.