Cofco Tunhe Sugar Co.,Ltd.’s Net Profit Rose 84.5% in First Three Quarters of 2023

Cofco Tunhe Sugar Co.,Ltd. (中粮糖业控股股份有限公司) (600737.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, up 84.5% year-on-year.

Meanwhile, the company posted 23.9 billion yuan in revenue, up 22.8% year-on-year.

At the end of the reporting period, it had 26 billion yuan in total assets and 14.6 billion yuan in total liabilities, with a liability-to-asset ratio of 56.4%.