Chaozhou Three-Circle(Group) Co.,Ltd.’s Net Profit Dropped 22.2% in First Half of 2023

Chaozhou Three-Circle(Group) Co.,Ltd. (潮州三环(集团)股份有限公司) (300408.SZ) reported a net profit of 732 million yuan in the first half of 2023, down 22.2% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 20.8 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 16.5%.