Hangzhou Tianyuan Pet Products Co.,Ltd.’s Net Profit Dropped 45.1% in First Three Quarters of 2023

Hangzhou Tianyuan Pet Products Co.,Ltd. (杭州天元宠物用品股份有限公司) (301335.SZ) reported a net profit of 52 million yuan in the first three quarters of 2023, down 45.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 724.4 million yuan in total liabilities, with a liability-to-asset ratio of 27.5%.