Zhonglu Co.,Ltd.’s Net Profit Dropped 54.5% in First Three Quarters of 2023

Zhonglu Co.,Ltd. (中路股份有限公司) (600818.SH) reported a net profit of 9.3 million yuan in the first three quarters of 2023, down 54.5% year-on-year.

Meanwhile, the company posted 731.6 million yuan in revenue, up 3.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 378.9 million yuan in total liabilities, with a liability-to-asset ratio of 38.9%.