Zhejiang Qianjiang Biochemical Company Limited’s Net Profit Rose 3.8% in First Half of 2023

Zhejiang Qianjiang Biochemical Company Limited (浙江钱江生物化学股份有限公司) (600796.SH) reported a net profit of 75.6 million yuan in the first half of 2023, up 3.8% year-on-year.

Meanwhile, the company posted 867.4 million yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47.7%.