Zhejiang Baida Precision Manufacturing Corp.’s Net Profit Rose 50.6% in First Three Quarters of 2023

Zhejiang Baida Precision Manufacturing Corp. (浙江百达精工股份有限公司) (603331.SH) reported a net profit of 95.7 million yuan in the first three quarters of 2023, up 50.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.