Nanjing Public Utilities Development Co.,Ltd. Posted 53.9 Million Yuan Net Profit in First Three Quarters of 2023

Nanjing Public Utilities Development Co.,Ltd. (南京公用发展股份有限公司) (000421.SZ) reported a net profit of 53.9 million yuan in the first three quarters of 2023, reversing a net loss of 28.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 11.3 billion yuan in total liabilities, with a liability-to-asset ratio of 74%.