Foshan Haitian Flavouring And Food Company Ltd.’s Net Profit Dropped 7.1% in First Three Quarters of 2023

Foshan Haitian Flavouring And Food Company Ltd. (佛山市海天调味食品股份有限公司) (603288.SH) reported a net profit of 4.3 billion yuan in the first three quarters of 2023, down 7.1% year-on-year.

Meanwhile, the company posted 18.7 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 34.8 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 19.6%.