Yinbang Clad Material Co.,Ltd.’s Net Profit Dropped 0.1% in First Three Quarters of 2023

Yinbang Clad Material Co.,Ltd. (银邦金属复合材料股份有限公司) (300337.SZ) reported a net profit of 68.6 million yuan in the first three quarters of 2023, down 0.1% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 13.1% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65.7%.