Shanxi Huaxiang Group Co.,Ltd.’s Net Profit Rose 13.6% in First Three Quarters of 2023

Shanxi Huaxiang Group Co.,Ltd. (山西华翔集团股份有限公司) (603112.SH) reported a net profit of 267.3 million yuan in the first three quarters of 2023, up 13.6% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.