Tande Co.,Ltd.’s Net Profit Dropped 94.2% in First Three Quarters of 2023

Tande Co.,Ltd. (天地源股份有限公司) (600665.SH) reported a net profit of 12.3 million yuan in the first three quarters of 2023, down 94.2% year-on-year.

Meanwhile, the company posted 5.2 billion yuan in revenue, up 32.8% year-on-year.

At the end of the reporting period, it had 41 billion yuan in total assets and 35.9 billion yuan in total liabilities, with a liability-to-asset ratio of 87.7%.