Shandong Head Group Co.,Ltd.’s Net Profit Dropped 25% in First Three Quarters of 2023

Shandong Head Group Co.,Ltd. (山东赫达集团股份有限公司) (002810.SZ) reported a net profit of 229.5 million yuan in the first three quarters of 2023, down 25% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.