Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd.’s Net Profit Dropped 34.2% in First Three Quarters of 2023

Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd. (新疆雪峰科技(集团)股份有限公司) (603227.SH) reported a net profit of 809.2 million yuan in the first three quarters of 2023, down 34.2% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 33.3%.