Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.’s Net Profit Rose 2% in First Half of 2023

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (常州星宇车灯股份有限公司) (601799.SH) reported a net profit of 466.7 million yuan in the first half of 2023, up 2% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 19% year-on-year.

At the end of the reporting period, it had 13.2 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.