Jiangsu Guotai International Group Co.,Ltd.’s Net Profit Dropped 16.6% in First Half of 2023

Jiangsu Guotai International Group Co.,Ltd. (江苏国泰国际集团股份有限公司) (002091.SZ) reported a net profit of 1.1 billion yuan in the first half of 2023, down 16.6% year-on-year.

Meanwhile, the company posted 16.6 billion yuan in revenue, down 22.3% year-on-year.

At the end of the reporting period, it had 41.4 billion yuan in total assets and 21.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.