Ningbo Water Meter(Group) Co.,Ltd.’s Net Profit Rose 28.4% in First Three Quarters of 2023

Ningbo Water Meter(Group) Co.,Ltd. (宁波水表(集团)股份有限公司) (603700.SH) reported a net profit of 82 million yuan in the first three quarters of 2023, up 28.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 746.7 million yuan in total liabilities, with a liability-to-asset ratio of 32.4%.