Beijing New Building Materials Public Limited Company’s Net Profit Rose 15.9% in First Half of 2023

Beijing New Building Materials Public Limited Company (北新集团建材股份有限公司) (000786.SZ) reported a net profit of 1.9 billion yuan in the first half of 2023, up 15.9% year-on-year.

Meanwhile, the company posted 11.4 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 29.3 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.2%.