Jiangsu Feiliks International Logistics Inc.’s Net Profit Dropped 74.4% in First Half of 2023

Jiangsu Feiliks International Logistics Inc. (江苏飞力达国际物流股份有限公司) (300240.SZ) reported a net profit of 18.7 million yuan in the first half of 2023, down 74.4% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 37.7% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.