Zhe Jiang Mei Lun Elevator Co.,Ltd.’s Net Profit Rose 37.4% in First Three Quarters of 2023

Zhe Jiang Mei Lun Elevator Co.,Ltd. (浙江梅轮电梯股份有限公司) (603321.SH) reported a net profit of 63.3 million yuan in the first three quarters of 2023, up 37.4% year-on-year.

Meanwhile, the company posted 713 million yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 893 million yuan in total liabilities, with a liability-to-asset ratio of 43.1%.