Xueda(Xiamen) Education Technology Group Co.,Ltd.’s Net Profit Rose 1729.6% in First Three Quarters of 2023

Xueda(Xiamen) Education Technology Group Co.,Ltd. (学大(厦门)教育科技集团股份有限公司) (000526.SZ) reported a net profit of 114.3 million yuan in the first three quarters of 2023, up 1729.6% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 22.2% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 83.5%.