Nanjing Olo Home Furnishing Inc.’s Net Profit Rose 63.9% in First Three Quarters of 2023

Nanjing Olo Home Furnishing Inc. (南京我乐家居股份有限公司) (603326.SH) reported a net profit of 153.8 million yuan in the first three quarters of 2023, up 63.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 5.5% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.