Spic Industry-Finance Holdings Co.,Ltd.’s Net Profit Dropped 35% in First Three Quarters of 2023

Spic Industry-Finance Holdings Co.,Ltd. (国家电投集团产融控股股份有限公司) (000958.SZ) reported a net profit of 947.7 million yuan in the first three quarters of 2023, down 35% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 46.6 billion yuan in total assets and 18 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.