Zhejiang Jiaxin Silk Co.,Ltd.’s Net Profit Dropped 14.6% in First Three Quarters of 2023

Zhejiang Jiaxin Silk Co.,Ltd. (浙江嘉欣丝绸股份有限公司) (002404.SZ) reported a net profit of 178.6 million yuan in the first three quarters of 2023, down 14.6% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.1%.