Sichuan Jiuzhou Electric Co.,Ltd.’s Net Profit Dropped 3.3% in First Half of 2023

Sichuan Jiuzhou Electric Co.,Ltd. (四川九洲电器股份有限公司) (000801.SZ) reported a net profit of 108.8 million yuan in the first half of 2023, down 3.3% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51%.