Fujian Nanping Sun Cable Co.,Ltd.’s Net Profit Dropped 1.8% in First Half of 2023

Fujian Nanping Sun Cable Co.,Ltd. (福建南平太阳电缆股份有限公司) (002300.SZ) reported a net profit of 101.1 million yuan in the first half of 2023, down 1.8% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 8.8% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.5%.