Royal Group Co.,Ltd.’s Net Profit Rose 118% in First Half of 2023

Royal Group Co.,Ltd. (皇氏集团股份有限公司) (002329.SZ) reported a net profit of 220.8 million yuan in the first half of 2023, up 118% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 37.8% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 64.5%.