Meter Instruments Co.,Ltd.’s Net Profit Dropped 8.1% in First Three Quarters of 2023

Meter Instruments Co.,Ltd. (迈拓仪表股份有限公司) (301006.SZ) reported a net profit of 88.8 million yuan in the first three quarters of 2023, down 8.1% year-on-year.

Meanwhile, the company posted 282.5 million yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 138.5 million yuan in total liabilities, with a liability-to-asset ratio of 10.3%.