Sinomach Automobile Co.,Ltd.’s Net Profit Remained Flat in First Three Quarters of 2023

Sinomach Automobile Co.,Ltd. (国机汽车股份有限公司) (600335.SH) reported a net profit of 247.3 million yuan in the first three quarters of 2023, flat year-on-year.

Meanwhile, the company posted 32.9 billion yuan in revenue, up 17.1% year-on-year.

At the end of the reporting period, it had 35.5 billion yuan in total assets and 24.2 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.