Kunwu Jiuding Investment Holdings Co.,Ltd.’s Net Profit Dropped 29.1% in First Half of 2023

Kunwu Jiuding Investment Holdings Co.,Ltd. (昆吾九鼎投资控股股份有限公司) (600053.SH) reported a net profit of 69.9 million yuan in the first half of 2023, down 29.1% year-on-year.

Meanwhile, the company posted 172.7 million yuan in revenue, down 32.3% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 533.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.