Jiangsu Zhongchao Holding Co.,Ltd. Posted 250.1 Million Yuan Net Profit in First Three Quarters of 2023

Jiangsu Zhongchao Holding Co.,Ltd. (江苏中超控股股份有限公司) (002471.SZ) reported a net profit of 250.1 million yuan in the first three quarters of 2023, reversing a net loss of 30.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.