Yunnan Energy New Material Co.,Ltd.’s Net Profit Dropped 33.1% in First Three Quarters of 2023

Yunnan Energy New Material Co.,Ltd. (云南恩捷新材料股份有限公司) (002812.SZ) reported a net profit of 2.3 billion yuan in the first three quarters of 2023, down 33.1% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, down 2% year-on-year.

At the end of the reporting period, it had 47.2 billion yuan in total assets and 18.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.