Zhejiang Hengwei Battery Co.,Ltd.’s Net Profit Rose 2.2% in First Three Quarters of 2023

Zhejiang Hengwei Battery Co.,Ltd. (浙江恒威电池股份有限公司) (301222.SZ) reported a net profit of 89 million yuan in the first three quarters of 2023, up 2.2% year-on-year.

Meanwhile, the company posted 435.8 million yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 65.7 million yuan in total liabilities, with a liability-to-asset ratio of 4.8%.