Xuchang Yuandong Drive Shaft Co.,Ltd.’s Net Profit Rose 20.5% in First Three Quarters of 2023

Xuchang Yuandong Drive Shaft Co.,Ltd. (许昌远东传动轴股份有限公司) (002406.SZ) reported a net profit of 62 million yuan in the first three quarters of 2023, up 20.5% year-on-year.

Meanwhile, the company posted 929.8 million yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 24.5%.