Tongling Jingda Special Magnet Wire Co.,Ltd.’s Net Profit Rose 10.2% in First Three Quarters of 2023

Tongling Jingda Special Magnet Wire Co.,Ltd. (铜陵精达特种电磁线股份有限公司) (600577.SH) reported a net profit of 320 million yuan in the first three quarters of 2023, up 10.2% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.