Ribo Fashion Group Co.,Ltd.’s Net Profit Dropped 27.1% in First Three Quarters of 2023

Ribo Fashion Group Co.,Ltd. (日播时尚集团股份有限公司) (603196.SH) reported a net profit of 20.8 million yuan in the first three quarters of 2023, down 27.1% year-on-year.

Meanwhile, the company posted 698.9 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 425.1 million yuan in total liabilities, with a liability-to-asset ratio of 34.6%.