Zhongyeda Electric Co.,Ltd.’s Net Profit Dropped 15.5% in First Three Quarters of 2023

Zhongyeda Electric Co.,Ltd. (众业达电气股份有限公司) (002441.SZ) reported a net profit of 268.3 million yuan in the first three quarters of 2023, down 15.5% year-on-year.

Meanwhile, the company posted 8.9 billion yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 34%.