Jiangsu High Hope International Corporation Posted 183.6 Million Yuan Net Profit in First Half of 2023

Jiangsu High Hope International Corporation (江苏汇鸿国际集团股份有限公司) (600981.SH) reported a net profit of 183.6 million yuan in the first half of 2023, reversing a net loss of 498.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 22.4 billion yuan in revenue, up 6.4% year-on-year.

At the end of the reporting period, it had 26.2 billion yuan in total assets and 20.3 billion yuan in total liabilities, with a liability-to-asset ratio of 77.4%.