Shanxi Blue Flame Holding Company Limited’s Net Profit Dropped 11% in First Three Quarters of 2023

Shanxi Blue Flame Holding Company Limited (山西蓝焰控股股份有限公司) (000968.SZ) reported a net profit of 394.8 million yuan in the first three quarters of 2023, down 11% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 4.3% year-on-year.

At the end of the reporting period, it had 12 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.