China Suntien Green Energy Corporation Limited’s Net Profit Dropped 12.2% in First Three Quarters of 2023

China Suntien Green Energy Corporation Limited (新天绿色能源股份有限公司) (600956.SH) reported a net profit of 1.8 billion yuan in the first three quarters of 2023, down 12.2% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 78.3 billion yuan in total assets and 52.5 billion yuan in total liabilities, with a liability-to-asset ratio of 67%.