Chengdu Galaxy Magnets Co.,Ltd.’s Net Profit Rose 15.1% in First Half of 2023

Chengdu Galaxy Magnets Co.,Ltd. (成都银河磁体股份有限公司) (300127.SZ) reported a net profit of 103.3 million yuan in the first half of 2023, up 15.1% year-on-year.

Meanwhile, the company posted 419.2 million yuan in revenue, down 14.3% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 115.2 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.