Zhejiang Yinlun Machinery Co.,Ltd.’s Net Profit Rose 84.2% in First Three Quarters of 2023

Zhejiang Yinlun Machinery Co.,Ltd. (浙江银轮机械股份有限公司) (002126.SZ) reported a net profit of 509.6 million yuan in the first three quarters of 2023, up 84.2% year-on-year.

Meanwhile, the company posted 8 billion yuan in revenue, up 33.2% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 10.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.