Eurocrane(China) Co.,Ltd.’s Net Profit Dropped 11% in First Three Quarters of 2023

Eurocrane(China) Co.,Ltd. (法兰泰克重工股份有限公司) (603966.SH) reported a net profit of 141.1 million yuan in the first three quarters of 2023, down 11% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 9.2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 55.6%.