Zhejiang Kingland Pipeline And Technologies Co.,Ltd.’s Net Profit Rose 11.6% in First Half of 2023

Zhejiang Kingland Pipeline And Technologies Co.,Ltd. (浙江金洲管道科技股份有限公司) (002443.SZ) reported a net profit of 155.4 million yuan in the first half of 2023, up 11.6% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 5.3% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 23.9%.