Xinjiang Joinworld Co.,Ltd.’s Net Profit Dropped 8.4% in First Three Quarters of 2023

Xinjiang Joinworld Co.,Ltd. (新疆众和股份有限公司) (600888.SH) reported a net profit of 1.2 billion yuan in the first three quarters of 2023, down 8.4% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.