Lanzhou Lishang Guochao Industrial Group Co.,Ltd.’s Net Profit Dropped 36.7% in First Three Quarters of 2023

Lanzhou Lishang Guochao Industrial Group Co.,Ltd. (兰州丽尚国潮实业集团股份有限公司) (600738.SH) reported a net profit of 77.1 million yuan in the first three quarters of 2023, down 36.7% year-on-year.

Meanwhile, the company posted 694.7 million yuan in revenue, up 11.2% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.