Shanghai Dazhong Public Utilities(Group) Co.,Ltd. Posted 367.9 Million Yuan Net Profit in First Three Quarters of 2023

Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (上海大众公用事业(集团)股份有限公司) (600635.SH) reported a net profit of 367.9 million yuan in the first three quarters of 2023, reversing a net loss of 62.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 23 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.