Qingdao Port International Co.,Ltd.’s Net Profit Rose 5.7% in First Half of 2023

Qingdao Port International Co.,Ltd. (青岛港国际股份有限公司) (601298.SH) reported a net profit of 2.9 billion yuan in the first half of 2023, up 5.7% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 60.3 billion yuan in total assets and 18.2 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.