Hangzhou Huning Elevator Parts Co.,Ltd.’s Net Profit Dropped 1.1% in First Three Quarters of 2023

Hangzhou Huning Elevator Parts Co.,Ltd. (杭州沪宁电梯部件股份有限公司) (300669.SZ) reported a net profit of 37.9 million yuan in the first three quarters of 2023, down 1.1% year-on-year.

Meanwhile, the company posted 285 million yuan in revenue, down 5.7% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 114.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.6%.