Jcet Group Co.,Ltd.’s Net Profit Dropped 67.9% in First Half of 2023

Jcet Group Co.,Ltd. (江苏长电科技股份有限公司) (600584.SH) reported a net profit of 495.6 million yuan in the first half of 2023, down 67.9% year-on-year.

Meanwhile, the company posted 12.2 billion yuan in revenue, down 21.9% year-on-year.

At the end of the reporting period, it had 39.8 billion yuan in total assets and 14.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.2%.