Liaoning Shidai Wanheng Co.,Ltd.’s Net Profit Dropped 42.5% in First Three Quarters of 2023

Liaoning Shidai Wanheng Co.,Ltd. (辽宁时代万恒股份有限公司) (600241.SH) reported a net profit of 52.3 million yuan in the first three quarters of 2023, down 42.5% year-on-year.

Meanwhile, the company posted 514 million yuan in revenue, down 32.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 233.5 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.