Xiamen Kingdomway Group Company’s Net Profit Dropped 28.5% in First Three Quarters of 2023

Xiamen Kingdomway Group Company (厦门金达威集团股份有限公司) (002626.SZ) reported a net profit of 243.2 million yuan in the first three quarters of 2023, down 28.5% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.