Zhejiang Double Arrow Rubber Co.,Ltd.’s Net Profit Rose 92.9% in First Three Quarters of 2023

Zhejiang Double Arrow Rubber Co.,Ltd. (浙江双箭橡胶股份有限公司) (002381.SZ) reported a net profit of 162.8 million yuan in the first three quarters of 2023, up 92.9% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 44.7%.