Jiangshu Hengshun Vinegar Co.,Ltd.’s Net Profit Dropped 10.5% in First Three Quarters of 2023

Jiangshu Hengshun Vinegar Co.,Ltd. (江苏恒顺醋业股份有限公司) (600305.SH) reported a net profit of 132.8 million yuan in the first three quarters of 2023, down 10.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 586.4 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.