Jiangsu Wuyang Parking Industry Group Co.,Ltd.’s Net Profit Dropped 0.3% in First Half of 2023

Jiangsu Wuyang Parking Industry Group Co.,Ltd. (江苏五洋停车产业集团股份有限公司) (300420.SZ) reported a net profit of 30.4 million yuan in the first half of 2023, down 0.3% year-on-year.

Meanwhile, the company posted 617.3 million yuan in revenue, up 11.7% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 931.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.9%.