Zhejiang Akcome New Energy Technology Co.,Ltd. Posted 1.4 Million Yuan Net Profit in First Three Quarters of 2023

Zhejiang Akcome New Energy Technology Co.,Ltd. (浙江爱康新能源科技股份有限公司) (002610.SZ) reported a net profit of 1.4 million yuan in the first three quarters of 2023, reversing a net loss of 280.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 14% year-on-year.

At the end of the reporting period, it had 11.5 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 72.1%.