Fuyao Glass Industry Group Co.,Ltd.’s Net Profit Rose 19.2% in First Half of 2023

Fuyao Glass Industry Group Co.,Ltd. (福耀玻璃工业集团股份有限公司) (600660.SH) reported a net profit of 2.8 billion yuan in the first half of 2023, up 19.2% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 16.5% year-on-year.

At the end of the reporting period, it had 55.4 billion yuan in total assets and 26.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.