Fujian South Highway Machinery Co.,Ltd.’s Net Profit Dropped 1.9% in First Three Quarters of 2023

Fujian South Highway Machinery Co.,Ltd. (福建南方路面机械股份有限公司) (603280.SH) reported a net profit of 90.4 million yuan in the first three quarters of 2023, down 1.9% year-on-year.

Meanwhile, the company posted 816.6 million yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 892.7 million yuan in total liabilities, with a liability-to-asset ratio of 42.2%.