Huafu Fashion Co.,Ltd.’s Net Profit Dropped 71.8% in First Three Quarters of 2023

Huafu Fashion Co.,Ltd. (华孚时尚股份有限公司) (002042.SZ) reported a net profit of 85.3 million yuan in the first three quarters of 2023, down 71.8% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, down 16.9% year-on-year.

At the end of the reporting period, it had 16.6 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.