China Automotive Engineering Research Institue Co.,Ltd.’s Net Profit Rose 16.1% in First Half of 2023

China Automotive Engineering Research Institue Co.,Ltd. (中国汽车工程研究院股份有限公司) (601965.SH) reported a net profit of 364.8 million yuan in the first half of 2023, up 16.1% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 23.2% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 23.7%.