Jointo Energy Investment Co.,Ltd.Hebei’s Net Profit Dropped 54.4% in First Three Quarters of 2023

Jointo Energy Investment Co.,Ltd.Hebei (河北建投能源投资股份有限公司) (000600.SZ) reported a net profit of 203 million yuan in the first three quarters of 2023, down 54.4% year-on-year.

Meanwhile, the company posted 13.3 billion yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 37.9 billion yuan in total assets and 25.3 billion yuan in total liabilities, with a liability-to-asset ratio of 66.7%.