Yutong Bus Co.,Ltd.’s Net Profit Rose 694.1% in First Three Quarters of 2023

Yutong Bus Co.,Ltd. (宇通客车股份有限公司) (600066.SH) reported a net profit of 1.1 billion yuan in the first three quarters of 2023, up 694.1% year-on-year.

Meanwhile, the company posted 19 billion yuan in revenue, up 44.5% year-on-year.

At the end of the reporting period, it had 30.8 billion yuan in total assets and 17.3 billion yuan in total liabilities, with a liability-to-asset ratio of 56.3%.