Shenzhen Mingdiao Decoration Co.,Ltd.’s Net Profit Rose 23.5% in First Half of 2023

Shenzhen Mingdiao Decoration Co.,Ltd. (深圳市名雕装饰股份有限公司) (002830.SZ) reported a net profit of 9.6 million yuan in the first half of 2023, up 23.5% year-on-year.

Meanwhile, the company posted 325.8 million yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 803.7 million yuan in total liabilities, with a liability-to-asset ratio of 54.7%.