Sinomach Automobile Co.,Ltd.’s Net Profit Rose 3.8% in First Half of 2023

Sinomach Automobile Co.,Ltd. (国机汽车股份有限公司) (600335.SH) reported a net profit of 196.2 million yuan in the first half of 2023, up 3.8% year-on-year.

Meanwhile, the company posted 21.6 billion yuan in revenue, up 26.8% year-on-year.

At the end of the reporting period, it had 34.3 billion yuan in total assets and 23 billion yuan in total liabilities, with a liability-to-asset ratio of 67.1%.