China Jushi Co.,Ltd.’s Net Profit Dropped 50.5% in First Half of 2023

China Jushi Co.,Ltd. (中国巨石股份有限公司) (600176.SH) reported a net profit of 2.1 billion yuan in the first half of 2023, down 50.5% year-on-year.

Meanwhile, the company posted 7.8 billion yuan in revenue, down 34.3% year-on-year.

At the end of the reporting period, it had 51.7 billion yuan in total assets and 22.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.