Hefei Metalforming Intelligent Manufacturing Co.,Ltd.’s Net Profit Dropped 40.5% in First Three Quarters of 2023

Hefei Metalforming Intelligent Manufacturing Co.,Ltd. (合肥合锻智能制造股份有限公司) (603011.SH) reported a net profit of 74 million yuan in the first three quarters of 2023, down 40.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.