Shenzhen Mingdiao Decoration Co.,Ltd.’s Net Profit Rose 9% in First Three Quarters of 2023

Shenzhen Mingdiao Decoration Co.,Ltd. (深圳市名雕装饰股份有限公司) (002830.SZ) reported a net profit of 18.3 million yuan in the first three quarters of 2023, up 9% year-on-year.

Meanwhile, the company posted 518.2 million yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 778.9 million yuan in total liabilities, with a liability-to-asset ratio of 53.6%.