Sinoma International Engineering Co.,Ltd.’s Net Profit Rose 3.2% in First Half of 2023

Sinoma International Engineering Co.,Ltd. (中国中材国际工程股份有限公司) (600970.SH) reported a net profit of 1.5 billion yuan in the first half of 2023, up 3.2% year-on-year.

Meanwhile, the company posted 20.5 billion yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 52.7 billion yuan in total assets and 33.7 billion yuan in total liabilities, with a liability-to-asset ratio of 64%.