Arts Group Co.,Ltd.’s Net Profit Rose 16% in First Three Quarters of 2023

Arts Group Co.,Ltd. (中衡设计集团股份有限公司) (603017.SH) reported a net profit of 94.7 million yuan in the first three quarters of 2023, up 16% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 18.5% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.