Hongbaoli Group Corporation,Ltd. Posted 44.1 Million Yuan Net Profit in First Three Quarters of 2023

Hongbaoli Group Corporation,Ltd. (红宝丽集团股份有限公司) (002165.SZ) reported a net profit of 44.1 million yuan in the first three quarters of 2023, reversing a net loss of 3.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 64%.