Zhejiang Xcc Group Co.,Ltd.’s Net Profit Dropped 14.3% in First Three Quarters of 2023

Zhejiang Xcc Group Co.,Ltd. (浙江五洲新春集团股份有限公司) (603667.SH) reported a net profit of 127.5 million yuan in the first three quarters of 2023, down 14.3% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 37.9%.