China Enterprise Company Limited Posted 743.4 Million Yuan Net Profit in First Three Quarters of 2023

China Enterprise Company Limited (中华企业股份有限公司) (600675.SH) reported a net profit of 743.4 million yuan in the first three quarters of 2023, reversing a net loss of 496.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 9.5 billion yuan in revenue, up 400.7% year-on-year.

At the end of the reporting period, it had 61.6 billion yuan in total assets and 44 billion yuan in total liabilities, with a liability-to-asset ratio of 71.4%.