Zhejiang Taifu Pump Co.,Ltd.’s Net Profit Dropped 34.1% in First Three Quarters of 2023

Zhejiang Taifu Pump Co.,Ltd. (浙江泰福泵业股份有限公司) (300992.SZ) reported a net profit of 38.3 million yuan in the first three quarters of 2023, down 34.1% year-on-year.

Meanwhile, the company posted 488.4 million yuan in revenue, up 21% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 751.1 million yuan in total liabilities, with a liability-to-asset ratio of 47.8%.