Liuzhou Liangmianzhen Co.,Ltd. Posted 39.8 Million Yuan Net Profit in First Three Quarters of 2023

Liuzhou Liangmianzhen Co.,Ltd. (柳州两面针股份有限公司) (600249.SH) reported a net profit of 39.8 million yuan in the first three quarters of 2023, reversing a net loss of 43.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 674.9 million yuan in revenue, up 41.9% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 480.9 million yuan in total liabilities, with a liability-to-asset ratio of 18.4%.