Cofco Technology&Industry Co.,Ltd.’s Net Profit Rose 9.8% in First Three Quarters of 2023

Cofco Technology&Industry Co.,Ltd. (中粮科工股份有限公司) (301058.SZ) reported a net profit of 109.1 million yuan in the first three quarters of 2023, up 9.8% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.