Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Rose 859.7% in First Half of 2023

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 7.7 million yuan in the first half of 2023, up 859.7% year-on-year.

Meanwhile, the company posted 18.6 million yuan in revenue, down 71.8% year-on-year.

At the end of the reporting period, it had 828.7 million yuan in total assets and 26.9 million yuan in total liabilities, with a liability-to-asset ratio of 3.2%.