Jiangsu Feiliks International Logistics Inc.’s Net Profit Dropped 63.6% in First Three Quarters of 2023

Jiangsu Feiliks International Logistics Inc. (江苏飞力达国际物流股份有限公司) (300240.SZ) reported a net profit of 41.8 million yuan in the first three quarters of 2023, down 63.6% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 34.8% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 53.5%.