Greattown Holdings Ltd.’s Net Profit Rose 668.5% in First Half of 2023

Greattown Holdings Ltd. (上海大名城企业股份有限公司) (600094.SH) reported a net profit of 290 million yuan in the first half of 2023, up 668.5% year-on-year.

Meanwhile, the company posted 5.2 billion yuan in revenue, up 154.4% year-on-year.

At the end of the reporting period, it had 32.6 billion yuan in total assets and 19.6 billion yuan in total liabilities, with a liability-to-asset ratio of 60.1%.