Changbai Shan Tourism Company Limited Posted 12.3 Million Yuan Net Profit in First Half of 2023

Changbai Shan Tourism Company Limited (长白山旅游股份有限公司) (603099.SH) reported a net profit of 12.3 million yuan in the first half of 2023, reversing a net loss of 71.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 167.7 million yuan in revenue, up 507.8% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 168.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.5%.