Zhejiang Jianfeng Group Co.,Ltd.’s Net Profit Dropped 43.3% in First Three Quarters of 2023

Zhejiang Jianfeng Group Co.,Ltd. (浙江尖峰集团股份有限公司) (600668.SH) reported a net profit of 128.5 million yuan in the first three quarters of 2023, down 43.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 20.3% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 22.3%.