Jiangsu Yawei Machine Tool Co.,Ltd.’s Net Profit Rose 18.9% in First Three Quarters of 2023

Jiangsu Yawei Machine Tool Co.,Ltd. (江苏亚威机床股份有限公司) (002559.SZ) reported a net profit of 84.8 million yuan in the first three quarters of 2023, up 18.9% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 59.3%.