Huada Automotive Technology Co.,Ltd.’s Net Profit Rose 18.7% in First Three Quarters of 2023

Huada Automotive Technology Co.,Ltd. (华达汽车科技股份有限公司) (603358.SH) reported a net profit of 299.6 million yuan in the first three quarters of 2023, up 18.7% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.