Fuxin Dare Automotive Parts Co.,Ltd. Posted 8.1 Million Yuan Net Profit in First Three Quarters of 2023

Fuxin Dare Automotive Parts Co.,Ltd. (阜新德尔汽车部件股份有限公司) (300473.SZ) reported a net profit of 8.1 million yuan in the first three quarters of 2023, reversing a net loss of 43.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.9%.