Tederic Machinery Co.,Ltd.’s Net Profit Dropped 20.1% in First Three Quarters of 2023

Tederic Machinery Co.,Ltd. (泰瑞机器股份有限公司) (603289.SH) reported a net profit of 82.8 million yuan in the first three quarters of 2023, down 20.1% year-on-year.

Meanwhile, the company posted 776.6 million yuan in revenue, down 15% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 849.8 million yuan in total liabilities, with a liability-to-asset ratio of 37.9%.