Shanghai Sanmao Enterprise(Group) Co.,Ltd.’s Net Profit Rose 924.4% in First Three Quarters of 2023

Shanghai Sanmao Enterprise(Group) Co.,Ltd. (上海三毛企业(集团)股份有限公司) (600689.SH) reported a net profit of 20.3 million yuan in the first three quarters of 2023, up 924.4% year-on-year.

Meanwhile, the company posted 798 million yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 801.8 million yuan in total assets and 356.2 million yuan in total liabilities, with a liability-to-asset ratio of 44.4%.