Junhe Pumps Holding Co.,Ltd.’s Net Profit Dropped 25.7% in First Three Quarters of 2023

Junhe Pumps Holding Co.,Ltd. (君禾泵业股份有限公司) (603617.SH) reported a net profit of 41.3 million yuan in the first three quarters of 2023, down 25.7% year-on-year.

Meanwhile, the company posted 492.5 million yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 762.6 million yuan in total liabilities, with a liability-to-asset ratio of 33.6%.