Zhejiang Cfmoto Power Co.,Ltd.’s Net Profit Rose 40.3% in First Three Quarters of 2023

Zhejiang Cfmoto Power Co.,Ltd. (浙江春风动力股份有限公司) (603129.SH) reported a net profit of 839 million yuan in the first three quarters of 2023, up 40.3% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.