Jiangsu High Hope International Corporation Posted 90.9 Million Yuan Net Profit in First Three Quarters of 2023

Jiangsu High Hope International Corporation (江苏汇鸿国际集团股份有限公司) (600981.SH) reported a net profit of 90.9 million yuan in the first three quarters of 2023, reversing a net loss of 270.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 34.1 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 25.7 billion yuan in total assets and 20 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.