Zhejiang Headman Intelligent Machinery Co.,Ltd.’s Net Profit Dropped 58% in First Three Quarters of 2023

Zhejiang Headman Intelligent Machinery Co.,Ltd. (浙江海德曼智能装备股份有限公司) (688577.SH) reported a net profit of 22.4 million yuan in the first three quarters of 2023, down 58% year-on-year.

Meanwhile, the company posted 465.3 million yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 468.7 million yuan in total liabilities, with a liability-to-asset ratio of 35%.