Nanning Sugar Industry Co.,Ltd. Posted 7.2 Million Yuan Net Profit in First Three Quarters of 2023

Nanning Sugar Industry Co.,Ltd. (广西农投糖业集团股份有限公司) (000911.SZ) reported a net profit of 7.2 million yuan in the first three quarters of 2023, reversing a net loss of 301.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 1.8% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 95.3%.