Linhai Co.,Ltd.’s Net Profit Rose 40.9% in First Three Quarters of 2023

Linhai Co.,Ltd. (林海股份有限公司) (600099.SH) reported a net profit of 11.6 million yuan in the first three quarters of 2023, up 40.9% year-on-year.

Meanwhile, the company posted 527.8 million yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 876.7 million yuan in total assets and 369.3 million yuan in total liabilities, with a liability-to-asset ratio of 42.1%.