Shenyang Jinbei Automotive Company Limited’s Net Profit Rose 14.2% in First Three Quarters of 2023

Shenyang Jinbei Automotive Company Limited (金杯汽车股份有限公司) (600609.SH) reported a net profit of 319.5 million yuan in the first three quarters of 2023, up 14.2% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 69.5%.