Jiangsu Lianfa Textile Co.,Ltd.’s Net Profit Rose 168.3% in First Three Quarters of 2023

Jiangsu Lianfa Textile Co.,Ltd. (江苏联发纺织股份有限公司) (002394.SZ) reported a net profit of 137.3 million yuan in the first three quarters of 2023, up 168.3% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 31.3%.