Chengzhi Co.,Ltd.’s Net Profit Dropped 81.4% in First Half of 2023

Chengzhi Co.,Ltd. (诚志股份有限公司) (000990.SZ) reported a net profit of 37.3 million yuan in the first half of 2023, down 81.4% year-on-year.

Meanwhile, the company posted 6.6 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 24.5 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 25.3%.