Shanghai Zhongzhou Special Alloy Materials Co.,Ltd.’s Net Profit Rose 29.3% in First Half of 2023

Shanghai Zhongzhou Special Alloy Materials Co.,Ltd. (上海中洲特种合金材料股份有限公司) (300963.SZ) reported a net profit of 48 million yuan in the first half of 2023, up 29.3% year-on-year.

Meanwhile, the company posted 517.5 million yuan in revenue, up 42.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 399.1 million yuan in total liabilities, with a liability-to-asset ratio of 29.5%.