Zhejiang Longsheng Group Co.,Ltd.’s Net Profit Dropped 45.5% in First Half of 2023

Zhejiang Longsheng Group Co.,Ltd. (浙江龙盛集团股份有限公司) (600352.SH) reported a net profit of 858.1 million yuan in the first half of 2023, down 45.5% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, down 20.4% year-on-year.

At the end of the reporting period, it had 70 billion yuan in total assets and 35 billion yuan in total liabilities, with a liability-to-asset ratio of 50.1%.

This article was automatically produced by Caixin Automation on Sept. 19, 2023.

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