Argus(Shanghai) Textile Chemicals Co.,Ltd.’s Net Profit Dropped 27.1% in First Half of 2023

Argus(Shanghai) Textile Chemicals Co.,Ltd. (上海雅运纺织化工股份有限公司) (603790.SH) reported a net profit of 34.9 million yuan in the first half of 2023, down 27.1% year-on-year.

Meanwhile, the company posted 390.4 million yuan in revenue, down 15.1% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 372.3 million yuan in total liabilities, with a liability-to-asset ratio of 22.5%.