Sichuan Swellfun Co.,Ltd.’s Net Profit Dropped 45.2% in First Half of 2023

Sichuan Swellfun Co.,Ltd. (四川水井坊股份有限公司) (600779.SH) reported a net profit of 202.8 million yuan in the first half of 2023, down 45.2% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 26.4% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.8%.