Xinxiang Chemical Fiber Co.,Ltd.’s Net Profit Rose 22% in First Half of 2023

Xinxiang Chemical Fiber Co.,Ltd. (新乡化纤股份有限公司) (000949.SZ) reported a net profit of 11.4 million yuan in the first half of 2023, up 22% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 11.7 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.