Toly Bread Co.,Ltd.’s Net Profit Dropped 6.2% in First Three Quarters of 2023

Toly Bread Co.,Ltd. (桃李面包股份有限公司) (603866.SH) reported a net profit of 459.3 million yuan in the first three quarters of 2023, down 6.2% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 28.3%.