Weichai Power Co.,Ltd.’s Net Profit Rose 114% in First Three Quarters of 2023

Weichai Power Co.,Ltd. (潍柴动力股份有限公司) (000338.SZ) reported a net profit of 8 billion yuan in the first three quarters of 2023, up 114% year-on-year.

Meanwhile, the company posted 160.4 billion yuan in revenue, up 22.9% year-on-year.

At the end of the reporting period, it had 325.2 billion yuan in total assets and 214.9 billion yuan in total liabilities, with a liability-to-asset ratio of 66.1%.