Ningbo Haitian Precision Machinery Co.,Ltd.’s Net Profit Rose 18.9% in First Three Quarters of 2023

Ningbo Haitian Precision Machinery Co.,Ltd. (宁波海天精工股份有限公司) (601882.SH) reported a net profit of 463.6 million yuan in the first three quarters of 2023, up 18.9% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 5.9% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.8%.