Guangdong Mingzhu Group Co.,Ltd.’s Net Profit Dropped 43.5% in First Half of 2023

Guangdong Mingzhu Group Co.,Ltd. (广东明珠集团股份有限公司) (600382.SH) reported a net profit of 140.4 million yuan in the first half of 2023, down 43.5% year-on-year.

Meanwhile, the company posted 307 million yuan in revenue, down 40.3% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 728.3 million yuan in total liabilities, with a liability-to-asset ratio of 16.8%.