Liuzhou Liangmianzhen Co.,Ltd. Posted 1.8 Million Yuan Net Profit in First Half of 2023

Liuzhou Liangmianzhen Co.,Ltd. (柳州两面针股份有限公司) (600249.SH) reported a net profit of 1.8 million yuan in the first half of 2023, reversing a net loss of 29.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 418.6 million yuan in revenue, up 44% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 455.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.9%.