Shandong Gold Phoenix Co.,Ltd.’s Net Profit Dropped 20.3% in First Three Quarters of 2023

Shandong Gold Phoenix Co.,Ltd. (山东金麒麟股份有限公司) (603586.SH) reported a net profit of 100.2 million yuan in the first three quarters of 2023, down 20.3% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 11.7% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 337.9 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.