Chaozhou Three-Circle(Group) Co.,Ltd.’s Net Profit Dropped 8.1% in First Three Quarters of 2023

Chaozhou Three-Circle(Group) Co.,Ltd. (潮州三环(集团)股份有限公司) (300408.SZ) reported a net profit of 1.1 billion yuan in the first three quarters of 2023, down 8.1% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 3.8% year-on-year.

At the end of the reporting period, it had 21.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 15.9%.