Jiangshu Hengshun Vinegar Co.,Ltd.’s Net Profit Dropped 2.7% in First Half of 2023

Jiangshu Hengshun Vinegar Co.,Ltd. (江苏恒顺醋业股份有限公司) (600305.SH) reported a net profit of 120 million yuan in the first half of 2023, down 2.7% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 636.3 million yuan in total liabilities, with a liability-to-asset ratio of 15.9%.