Weifu High-Technology Group Co.,Ltd.’s Net Profit Rose 4.1% in First Three Quarters of 2023

Weifu High-Technology Group Co.,Ltd. (无锡威孚高科技集团股份有限公司) (000581.SZ) reported a net profit of 1.4 billion yuan in the first three quarters of 2023, up 4.1% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 27.5 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 28.7%.