Gemac Engineering Machinery Co.,Ltd.’s Net Profit Rose 0.9% in First Three Quarters of 2023

Gemac Engineering Machinery Co.,Ltd. (金鹰重型工程机械股份有限公司) (301048.SZ) reported a net profit of 172.2 million yuan in the first three quarters of 2023, up 0.9% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.