Jiangxi Wannianqing Cement Co.,Ltd.’s Net Profit Dropped 42.6% in First Half of 2023

Jiangxi Wannianqing Cement Co.,Ltd. (江西万年青水泥股份有限公司) (000789.SZ) reported a net profit of 391.7 million yuan in the first half of 2023, down 42.6% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 29.7% year-on-year.

At the end of the reporting period, it had 16.8 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 37.8%.