Weima Agricultural Machinery Co.,Ltd.’s Net Profit Rose 27.7% in First Three Quarters of 2023

Weima Agricultural Machinery Co.,Ltd. (威马农机股份有限公司) (301533.SZ) reported a net profit of 54.5 million yuan in the first three quarters of 2023, up 27.7% year-on-year.

Meanwhile, the company posted 601.5 million yuan in revenue, up 21.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 171.4 million yuan in total liabilities, with a liability-to-asset ratio of 13.5%.