Huayu Automotive Systems Company Limited’s Net Profit Dropped 1.1% in First Three Quarters of 2023

Huayu Automotive Systems Company Limited (华域汽车系统股份有限公司) (600741.SH) reported a net profit of 5.4 billion yuan in the first three quarters of 2023, down 1.1% year-on-year.

Meanwhile, the company posted 121.6 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 170.9 billion yuan in total assets and 111.7 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.