Zhejiang Three Stars New Materials Co.,Ltd.’s Net Profit Rose 55% in First Half of 2023

Zhejiang Three Stars New Materials Co.,Ltd. (浙江三星新材股份有限公司) (603578.SH) reported a net profit of 105.8 million yuan in the first half of 2023, up 55% year-on-year.

Meanwhile, the company posted 623.8 million yuan in revenue, up 29.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 323.9 million yuan in total liabilities, with a liability-to-asset ratio of 23.7%.