Changhong Meiling Co.,Ltd.’s Net Profit Rose 408.9% in First Half of 2023

Changhong Meiling Co.,Ltd. (长虹美菱股份有限公司) (000521.SZ) reported a net profit of 369.9 million yuan in the first half of 2023, up 408.9% year-on-year.

Meanwhile, the company posted 12.8 billion yuan in revenue, up 25.5% year-on-year.

At the end of the reporting period, it had 19.8 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 70.7%.