Shen Ma Industry Co.,Ltd.’s Net Profit Dropped 72.4% in First Three Quarters of 2023

Shen Ma Industry Co.,Ltd. (神马实业股份有限公司) (600810.SH) reported a net profit of 141 million yuan in the first three quarters of 2023, down 72.4% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 31.5 billion yuan in total assets and 21 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.