Shanghai Xintonglian Packinf Co.,Ltd.’s Net Profit Rose 71.6% in First Half of 2023

Shanghai Xintonglian Packinf Co.,Ltd. (上海新通联包装股份有限公司) (603022.SH) reported a net profit of 19.4 million yuan in the first half of 2023, up 71.6% year-on-year.

Meanwhile, the company posted 413 million yuan in revenue, up 30.9% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 273.2 million yuan in total liabilities, with a liability-to-asset ratio of 27%.