Zhejiang Kaier New Materials Co.,Ltd.’s Net Profit Rose 2.4% in First Three Quarters of 2023

Zhejiang Kaier New Materials Co.,Ltd. (浙江开尔新材料股份有限公司) (300234.SZ) reported a net profit of 36.2 million yuan in the first three quarters of 2023, up 2.4% year-on-year.

Meanwhile, the company posted 323.6 million yuan in revenue, down 27.6% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 390.1 million yuan in total liabilities, with a liability-to-asset ratio of 25.9%.