Hunan Chendian International Development Share-Holding Limited Company’s Net Profit Dropped 93.1% in First Three Quarters of 2023

Hunan Chendian International Development Share-Holding Limited Company (湖南郴电国际发展股份有限公司) (600969.SH) reported a net profit of 7.8 million yuan in the first three quarters of 2023, down 93.1% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 9.2% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 11.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.