Guangdong Huate Gas Co.,Ltd.’s Net Profit Dropped 34.3% in First Three Quarters of 2023

Guangdong Huate Gas Co.,Ltd. (广东华特气体股份有限公司) (688268.SH) reported a net profit of 122.3 million yuan in the first three quarters of 2023, down 34.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.