Ningbo Shuanglin Auto Parts Co.,Ltd.’s Net Profit Rose 50.3% in First Half of 2023

Ningbo Shuanglin Auto Parts Co.,Ltd. (宁波双林汽车部件股份有限公司) (300100.SZ) reported a net profit of 64.9 million yuan in the first half of 2023, up 50.3% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.