Jiangxi Wannianqing Cement Co.,Ltd.’s Net Profit Dropped 43.2% in First Three Quarters of 2023

Jiangxi Wannianqing Cement Co.,Ltd. (江西万年青水泥股份有限公司) (000789.SZ) reported a net profit of 445 million yuan in the first three quarters of 2023, down 43.2% year-on-year.

Meanwhile, the company posted 6 billion yuan in revenue, down 28.6% year-on-year.

At the end of the reporting period, it had 16.6 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.1%.