Jiangxi Huawu Brake Co.,Ltd.’s Net Profit Dropped 46.1% in First Three Quarters of 2023

Jiangxi Huawu Brake Co.,Ltd. (江西华伍制动器股份有限公司) (300095.SZ) reported a net profit of 71.3 million yuan in the first three quarters of 2023, down 46.1% year-on-year.

Meanwhile, the company posted 948.1 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.