Nanji E-Commerce Co.,Ltd.’s Net Profit Dropped 69.9% in First Half of 2023

Nanji E-Commerce Co.,Ltd. (南极电商股份有限公司) (002127.SZ) reported a net profit of 53.2 million yuan in the first half of 2023, down 69.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 581.7 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.