Jiangsu Zhongchao Holding Co.,Ltd. Posted 246.6 Million Yuan Net Profit in First Half of 2023

Jiangsu Zhongchao Holding Co.,Ltd. (江苏中超控股股份有限公司) (002471.SZ) reported a net profit of 246.6 million yuan in the first half of 2023, reversing a net loss of 41.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.