Weichai Heavy Machinery Co.,Ltd.’s Net Profit Rose 17.7% in First Three Quarters of 2023

Weichai Heavy Machinery Co.,Ltd. (潍柴重机股份有限公司) (000880.SZ) reported a net profit of 134.7 million yuan in the first three quarters of 2023, up 17.7% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63.9%.