Huafang Co.,Ltd.’s Net Profit Rose 12.8% in First Three Quarters of 2023

Huafang Co.,Ltd. (华纺股份有限公司) (600448.SH) reported a net profit of 3.9 million yuan in the first three quarters of 2023, up 12.8% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 22.1% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.7%.