Yinchuan Xinhua Commercial(Group) Co.,Ltd.’s Net Profit Rose 5.7% in First Three Quarters of 2023

Yinchuan Xinhua Commercial(Group) Co.,Ltd. (银川新华百货商业集团股份有限公司) (600785.SH) reported a net profit of 119.4 million yuan in the first three quarters of 2023, up 5.7% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 6 billion yuan in total liabilities, with a liability-to-asset ratio of 75.6%.