Fuda Alloy Materials Co.,Ltd.’s Net Profit Rose 230.2% in First Three Quarters of 2023

Fuda Alloy Materials Co.,Ltd. (福达合金材料股份有限公司) (603045.SH) reported a net profit of 33.5 million yuan in the first three quarters of 2023, up 230.2% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 17.8% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.2%.