Bros Eastern Co.,Ltd.’s Net Profit Dropped 64.8% in First Half of 2023

Bros Eastern Co.,Ltd. (百隆东方股份有限公司) (601339.SH) reported a net profit of 273.2 million yuan in the first half of 2023, down 64.8% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, down 18.8% year-on-year.

At the end of the reporting period, it had 16.7 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.