Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Rose 92.1% in First Three Quarters of 2023

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 13.1 million yuan in the first three quarters of 2023, up 92.1% year-on-year.

Meanwhile, the company posted 33.9 million yuan in revenue, down 56.1% year-on-year.

At the end of the reporting period, it had 840.8 million yuan in total assets and 34 million yuan in total liabilities, with a liability-to-asset ratio of 4%.