Anhui Jiuhuashan Tourism Development Co.,Ltd. Posted 111.4 Million Yuan Net Profit in First Half of 2023

Anhui Jiuhuashan Tourism Development Co.,Ltd. (安徽九华山旅游发展股份有限公司) (603199.SH) reported a net profit of 111.4 million yuan in the first half of 2023, reversing a net loss of 32.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 380.2 million yuan in revenue, up 218.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 286.7 million yuan in total liabilities, with a liability-to-asset ratio of 17.5%.