Suzhou Yourbest New Materials Co.,Ltd.’s Net Profit Rose 49.5% in First Half of 2023

Suzhou Yourbest New Materials Co.,Ltd. (苏州宇邦新型材料股份有限公司) (301266.SZ) reported a net profit of 72.9 million yuan in the first half of 2023, up 49.5% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 33.1% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.