Jiangsu Linyang Energy Co.,Ltd.’s Net Profit Rose 44.1% in First Half of 2023

Jiangsu Linyang Energy Co.,Ltd. (江苏林洋能源股份有限公司) (601222.SH) reported a net profit of 602.9 million yuan in the first half of 2023, up 44.1% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 38.3% year-on-year.

At the end of the reporting period, it had 21.6 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.