Guilin Tourism Co.,Ltd. Posted 26.9 Million Yuan Net Profit in First Three Quarters of 2023

Guilin Tourism Co.,Ltd. (桂林旅游股份有限公司) (000978.SZ) reported a net profit of 26.9 million yuan in the first three quarters of 2023, reversing a net loss of 184.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 366.5 million yuan in revenue, up 270.4% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.4%.