Jiangsu Jiangnan High Polymer Fiber Co.,Ltd.’s Net Profit Dropped 39.4% in First Three Quarters of 2023

Jiangsu Jiangnan High Polymer Fiber Co.,Ltd. (江苏江南高纤股份有限公司) (600527.SH) reported a net profit of 35.7 million yuan in the first three quarters of 2023, down 39.4% year-on-year.

Meanwhile, the company posted 531.9 million yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 132.2 million yuan in total liabilities, with a liability-to-asset ratio of 5.6%.