Jiangsu Pacific Quartz Co.,Ltd.’s Net Profit Rose 739.9% in First Half of 2023

Jiangsu Pacific Quartz Co.,Ltd. (江苏太平洋石英股份有限公司) (603688.SH) reported a net profit of 2.4 billion yuan in the first half of 2023, up 739.9% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 392.7% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 774.1 million yuan in total liabilities, with a liability-to-asset ratio of 12.5%.