Zhong Fu Tong Group Co.,Ltd.’s Net Profit Rose 10.7% in First Three Quarters of 2023

Zhong Fu Tong Group Co.,Ltd. (中富通集团股份有限公司) (300560.SZ) reported a net profit of 21.6 million yuan in the first three quarters of 2023, up 10.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 51.8% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.8%.