Aa Industrial Belting(Shanghai) Co.,Ltd.’s Net Profit Rose 22.4% in First Three Quarters of 2023

Aa Industrial Belting(Shanghai) Co.,Ltd. (艾艾精密工业输送系统(上海)股份有限公司) (603580.SH) reported a net profit of 3.1 million yuan in the first three quarters of 2023, up 22.4% year-on-year.

Meanwhile, the company posted 117.4 million yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 513.1 million yuan in total assets and 55 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.