Wuchan Zhongda Group Co.,Ltd.’s Net Profit Dropped 9.4% in First Three Quarters of 2023

Wuchan Zhongda Group Co.,Ltd. (物产中大集团股份有限公司) (600704.SH) reported a net profit of 4.4 billion yuan in the first three quarters of 2023, down 9.4% year-on-year.

Meanwhile, the company posted 438.6 billion yuan in revenue, up 3.4% year-on-year.

At the end of the reporting period, it had 192.8 billion yuan in total assets and 143.8 billion yuan in total liabilities, with a liability-to-asset ratio of 74.6%.