Jiangsu Zhongshe Group Co.,Ltd.’s Net Profit Dropped 18% in First Three Quarters of 2023

Jiangsu Zhongshe Group Co.,Ltd. (江苏中设集团股份有限公司) (002883.SZ) reported a net profit of 39.4 million yuan in the first three quarters of 2023, down 18% year-on-year.

Meanwhile, the company posted 529.5 million yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 527.3 million yuan in total liabilities, with a liability-to-asset ratio of 41%.