Allied Machinery Co.,Ltd.’s Net Profit Rose 13.4% in First Three Quarters of 2023

Allied Machinery Co.,Ltd. (杭州联德精密机械股份有限公司) (605060.SH) reported a net profit of 203 million yuan in the first three quarters of 2023, up 13.4% year-on-year.

Meanwhile, the company posted 928.3 million yuan in revenue, up 13.7% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 318.3 million yuan in total liabilities, with a liability-to-asset ratio of 12.6%.