China Southern Glass Group Co.,Ltd.’s Net Profit Dropped 12.2% in First Three Quarters of 2023

China Southern Glass Group Co.,Ltd. (中国南玻集团股份有限公司) (000012.SZ) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, down 12.2% year-on-year.

Meanwhile, the company posted 13.5 billion yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 28.9 billion yuan in total assets and 14.4 billion yuan in total liabilities, with a liability-to-asset ratio of 50%.