Jiangxi Yuean Advanced Materials Co.,Ltd.’s Net Profit Dropped 26.8% in First Three Quarters of 2023

Jiangxi Yuean Advanced Materials Co.,Ltd. (江西悦安新材料股份有限公司) (688786.SH) reported a net profit of 58.4 million yuan in the first three quarters of 2023, down 26.8% year-on-year.

Meanwhile, the company posted 268.7 million yuan in revenue, down 21.9% year-on-year.

At the end of the reporting period, it had 888.2 million yuan in total assets and 205.5 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.