Qijing Machinery Co.,Ltd.’s Net Profit Rose 10.6% in First Half of 2023

Qijing Machinery Co.,Ltd. (奇精机械股份有限公司) (603677.SH) reported a net profit of 42.6 million yuan in the first half of 2023, up 10.6% year-on-year.

Meanwhile, the company posted 839.6 million yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 883.8 million yuan in total liabilities, with a liability-to-asset ratio of 43.9%.