Kunwu Jiuding Investment Holdings Co.,Ltd.’s Net Profit Dropped 79.8% in First Three Quarters of 2023

Kunwu Jiuding Investment Holdings Co.,Ltd. (昆吾九鼎投资控股股份有限公司) (600053.SH) reported a net profit of 22.3 million yuan in the first three quarters of 2023, down 79.8% year-on-year.

Meanwhile, the company posted 202 million yuan in revenue, down 43.5% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 497.6 million yuan in total liabilities, with a liability-to-asset ratio of 14.5%.