Harbin Jiuzhou Group Co.,Ltd.’s Net Profit Dropped 44.4% in First Three Quarters of 2023

Harbin Jiuzhou Group Co.,Ltd. (哈尔滨九洲集团股份有限公司) (300040.SZ) reported a net profit of 78.2 million yuan in the first three quarters of 2023, down 44.4% year-on-year.

Meanwhile, the company posted 804.3 million yuan in revenue, down 12.9% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 62.1%.