Jiangxi Selon Industrial Co.,Ltd.’s Net Profit Dropped 97.9% in First Three Quarters of 2023

Jiangxi Selon Industrial Co.,Ltd. (江西世龙实业股份有限公司) (002748.SZ) reported a net profit of 2.8 million yuan in the first three quarters of 2023, down 97.9% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 21.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 686.7 million yuan in total liabilities, with a liability-to-asset ratio of 34%.