Hengdian Group Dmegc Magnetics Co.,Ltd.’s Net Profit Rose 37.5% in First Three Quarters of 2023

Hengdian Group Dmegc Magnetics Co.,Ltd. (横店集团东磁股份有限公司) (002056.SZ) reported a net profit of 1.7 billion yuan in the first three quarters of 2023, up 37.5% year-on-year.

Meanwhile, the company posted 15.8 billion yuan in revenue, up 11.6% year-on-year.

At the end of the reporting period, it had 22.2 billion yuan in total assets and 13.4 billion yuan in total liabilities, with a liability-to-asset ratio of 60.1%.