Shandong Hiking International Co.,Ltd.’s Net Profit Rose 23.5% in First Three Quarters of 2023

Shandong Hiking International Co.,Ltd. (山东新华锦国际股份有限公司) (600735.SH) reported a net profit of 116.5 million yuan in the first three quarters of 2023, up 23.5% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 23.3% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 772.9 million yuan in total liabilities, with a liability-to-asset ratio of 33.9%.