Fujian Dongbai(Group) Co.,Ltd.’s Net Profit Rose 14.9% in First Three Quarters of 2023

Fujian Dongbai(Group) Co.,Ltd. (福建东百集团股份有限公司) (600693.SH) reported a net profit of 165.9 million yuan in the first three quarters of 2023, up 14.9% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 7.7% year-on-year.

At the end of the reporting period, it had 14.4 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.8%.