Guangdong Shaoneng Group Co.,Ltd.’s Net Profit Dropped 49.2% in First Three Quarters of 2023

Guangdong Shaoneng Group Co.,Ltd. (广东韶能集团股份有限公司) (000601.SZ) reported a net profit of 66.2 million yuan in the first three quarters of 2023, down 49.2% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 12.8% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 8.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.