Zhejiang Orient Financial Holdings Group Co.,Ltd.’s Net Profit Dropped 20.4% in First Three Quarters of 2023

Zhejiang Orient Financial Holdings Group Co.,Ltd. (浙江东方金融控股集团股份有限公司) (600120.SH) reported a net profit of 274 million yuan in the first three quarters of 2023, down 20.4% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 38.2 billion yuan in total assets and 20.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.