Dalian Insulator Group Co.,Ltd.’s Net Profit Dropped 77.8% in First Three Quarters of 2023

Dalian Insulator Group Co.,Ltd. (大连电瓷集团股份有限公司) (002606.SZ) reported a net profit of 37.6 million yuan in the first three quarters of 2023, down 77.8% year-on-year.

Meanwhile, the company posted 547.6 million yuan in revenue, down 44.3% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 706.5 million yuan in total liabilities, with a liability-to-asset ratio of 31.2%.