Oke Precision Cutting Tools Co.,Ltd.’s Net Profit Dropped 15.3% in First Three Quarters of 2023

Oke Precision Cutting Tools Co.,Ltd. (株洲欧科亿数控精密刀具股份有限公司) (688308.SH) reported a net profit of 159.6 million yuan in the first three quarters of 2023, down 15.3% year-on-year.

Meanwhile, the company posted 804.7 million yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 30%.