Lu Thai Textile Co.,Ltd.’s Net Profit Dropped 46.7% in First Half of 2023

Lu Thai Textile Co.,Ltd. (鲁泰纺织股份有限公司) (000726.SZ) reported a net profit of 209.8 million yuan in the first half of 2023, down 46.7% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 14.7% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 29%.