Joeone Co.,Ltd. Posted 91.9 Million Yuan Net Profit in First Half of 2023

Joeone Co.,Ltd. (九牧王股份有限公司) (601566.SH) reported a net profit of 91.9 million yuan in the first half of 2023, reversing a net loss of 60.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.