West Shanghai Automotive Service Co.,Ltd.’s Net Profit Dropped 8.3% in First Half of 2023

West Shanghai Automotive Service Co.,Ltd. (西上海汽车服务股份有限公司) (605151.SH) reported a net profit of 61.5 million yuan in the first half of 2023, down 8.3% year-on-year.

Meanwhile, the company posted 564.2 million yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 568.4 million yuan in total liabilities, with a liability-to-asset ratio of 29.2%.