Fujian Sanmu Group Co.,Ltd.’s Net Profit Rose 260.6% in First Three Quarters of 2023

Fujian Sanmu Group Co.,Ltd. (福建三木集团股份有限公司) (000632.SZ) reported a net profit of 15.6 million yuan in the first three quarters of 2023, up 260.6% year-on-year.

Meanwhile, the company posted 10.3 billion yuan in revenue, up 14.3% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 79.7%.