Anhui Jianghuai Automobile Group Co.,Ltd. Posted 125.1 Million Yuan Net Profit in First Half of 2023

Anhui Jianghuai Automobile Group Co.,Ltd. (安徽江淮汽车集团股份有限公司) (600418.SH) reported a net profit of 125.1 million yuan in the first half of 2023, reversing a net loss of 785.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 22.4 billion yuan in revenue, up 25.8% year-on-year.

At the end of the reporting period, it had 49.1 billion yuan in total assets and 34.5 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.