Shanghai Kaichuang Marine International Co.,Ltd.’s Net Profit Dropped 58.9% in First Three Quarters of 2023

Shanghai Kaichuang Marine International Co.,Ltd. (上海开创国际海洋资源股份有限公司) (600097.SH) reported a net profit of 20.2 million yuan in the first three quarters of 2023, down 58.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.