Xiamen Xiangyu Co.,Ltd.’s Net Profit Dropped 52.8% in First Three Quarters of 2023

Xiamen Xiangyu Co.,Ltd. (厦门象屿股份有限公司) (600057.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, down 52.8% year-on-year.

Meanwhile, the company posted 368.6 billion yuan in revenue, down 5.9% year-on-year.

At the end of the reporting period, it had 126.7 billion yuan in total assets and 87 billion yuan in total liabilities, with a liability-to-asset ratio of 68.7%.