Fujian Zhangzhou Development Co.,Ltd.’s Net Profit Dropped 17.4% in First Half of 2023

Fujian Zhangzhou Development Co.,Ltd. (福建漳州发展股份有限公司) (000753.SZ) reported a net profit of 55.5 million yuan in the first half of 2023, down 17.4% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.