Guangdong Chant Group Inc. Posted 115 Million Yuan Net Profit in First Three Quarters of 2023

Guangdong Chant Group Inc. (广东长青(集团)股份有限公司) (002616.SZ) reported a net profit of 115 million yuan in the first three quarters of 2023, reversing a net loss of 14.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 22.6% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74%.