Dashang Co.,Ltd.’s Net Profit Dropped 9.5% in First Three Quarters of 2023

Dashang Co.,Ltd. (大商股份有限公司) (600694.SH) reported a net profit of 500.9 million yuan in the first three quarters of 2023, down 9.5% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 0.9% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.