Fujian Longking Co.,Ltd.’s Net Profit Rose 11.1% in First Half of 2023

Fujian Longking Co.,Ltd. (福建龙净环保股份有限公司) (600388.SH) reported a net profit of 426.6 million yuan in the first half of 2023, up 11.1% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 25.7 billion yuan in total assets and 17.7 billion yuan in total liabilities, with a liability-to-asset ratio of 69%.