Baotou Huazi Industry Co.,Ltd. Posted 28.1 Million Yuan Net Profit in First Three Quarters of 2023

Baotou Huazi Industry Co.,Ltd. (包头华资实业股份有限公司) (600191.SH) reported a net profit of 28.1 million yuan in the first three quarters of 2023, reversing a net loss of 56 million yuan for the same period in the previous year.

Meanwhile, the company posted 426.8 million yuan in revenue, up 216.4% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 480.1 million yuan in total liabilities, with a liability-to-asset ratio of 23.8%.