Anhui Guangxin Agrochemical Co.,Ltd.’s Net Profit Dropped 17.8% in First Half of 2023

Anhui Guangxin Agrochemical Co.,Ltd. (安徽广信农化股份有限公司) (603599.SH) reported a net profit of 1 billion yuan in the first half of 2023, down 17.8% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 14.4 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36%.