Zhejiang Yonggui Electric Equipment Co.,Ltd.’s Net Profit Dropped 25.5% in First Three Quarters of 2023

Zhejiang Yonggui Electric Equipment Co.,Ltd. (浙江永贵电器股份有限公司) (300351.SZ) reported a net profit of 88 million yuan in the first three quarters of 2023, down 25.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 580.8 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.