Ningbo Peacebird Fashion Co.,Ltd.’s Net Profit Rose 87.9% in First Half of 2023

Ningbo Peacebird Fashion Co.,Ltd. (宁波太平鸟时尚服饰股份有限公司) (603877.SH) reported a net profit of 250.5 million yuan in the first half of 2023, up 87.9% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 14.2% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.