Nantong Jiangshan Agrochemical&Chemicals Co.,Ltd.’s Net Profit Dropped 84.2% in First Half of 2023

Nantong Jiangshan Agrochemical&Chemicals Co.,Ltd. (南通江山农药化工股份有限公司) (600389.SH) reported a net profit of 193.7 million yuan in the first half of 2023, down 84.2% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 48.9% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.