Black Peony(Group) Co.,Ltd.’s Net Profit Rose 124.5% in First Three Quarters of 2023

Black Peony(Group) Co.,Ltd. (黑牡丹(集团)股份有限公司) (600510.SH) reported a net profit of 471 million yuan in the first three quarters of 2023, up 124.5% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 31.2 billion yuan in total assets and 20.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.4%.