Poten Environment Group Co.,Ltd. Posted 39.2 Million Yuan Net Profit in First Three Quarters of 2023

Poten Environment Group Co.,Ltd. (博天环境集团股份有限公司) (603603.SH) reported a net profit of 39.2 million yuan in the first three quarters of 2023, reversing a net loss of 255.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 459.7 million yuan in revenue, down 21.9% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 73.9%.