Bros Eastern Co.,Ltd.’s Net Profit Dropped 46.7% in First Three Quarters of 2023

Bros Eastern Co.,Ltd. (百隆东方股份有限公司) (601339.SH) reported a net profit of 553 million yuan in the first three quarters of 2023, down 46.7% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 17.3 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.