Lafang China Co.,Ltd.’s Net Profit Rose 16.2% in First Three Quarters of 2023

Lafang China Co.,Ltd. (拉芳家化股份有限公司) (603630.SH) reported a net profit of 70.6 million yuan in the first three quarters of 2023, up 16.2% year-on-year.

Meanwhile, the company posted 616.3 million yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 238.9 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.