Fujian Zhangzhou Development Co.,Ltd.’s Net Profit Dropped 6% in First Three Quarters of 2023

Fujian Zhangzhou Development Co.,Ltd. (福建漳州发展股份有限公司) (000753.SZ) reported a net profit of 84.4 million yuan in the first three quarters of 2023, down 6% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 12.8% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 70.7%.