Shanghai Laiyifen Co.,Ltd.’s Net Profit Dropped 93.5% in First Three Quarters of 2023

Shanghai Laiyifen Co.,Ltd. (上海来伊份股份有限公司) (603777.SH) reported a net profit of 4.6 million yuan in the first three quarters of 2023, down 93.5% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 7.6% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.8%.