Cimc Vehicles(Group) Co.,Ltd.’s Net Profit Rose 410.9% in First Half of 2023

Cimc Vehicles(Group) Co.,Ltd. (中集车辆(集团)股份有限公司) (301039.SZ) reported a net profit of 1.9 billion yuan in the first half of 2023, up 410.9% year-on-year.

Meanwhile, the company posted 13.5 billion yuan in revenue, up 20.3% year-on-year.

At the end of the reporting period, it had 25.4 billion yuan in total assets and 10.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.