Zhejiang Shuanghuan Driveline Co.,Ltd.’s Net Profit Rose 47.2% in First Three Quarters of 2023

Zhejiang Shuanghuan Driveline Co.,Ltd. (浙江双环传动机械股份有限公司) (002472.SZ) reported a net profit of 613.9 million yuan in the first three quarters of 2023, up 47.2% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 13.2 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.