Nanfang Black Sesame Gruop Co.,Ltd.’s Net Profit Rose 705.8% in First Half of 2023

Nanfang Black Sesame Gruop Co.,Ltd. (南方黑芝麻集团股份有限公司) (000716.SZ) reported a net profit of 18.3 million yuan in the first half of 2023, up 705.8% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.