Sanyou Corporation Limited’s Net Profit Dropped 45.9% in First Three Quarters of 2023

Sanyou Corporation Limited (三友联众集团股份有限公司) (300932.SZ) reported a net profit of 32 million yuan in the first three quarters of 2023, down 45.9% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 4% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.