Shunfa Hengye Corporation’s Net Profit Rose 126.2% in First Three Quarters of 2023

Shunfa Hengye Corporation (顺发恒业股份公司) (000631.SZ) reported a net profit of 267.9 million yuan in the first three quarters of 2023, up 126.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 757.1% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 18.5%.