Jiangsu Huaxicun Co.,Ltd.’s Net Profit Dropped 60% in First Half of 2023

Jiangsu Huaxicun Co.,Ltd. (江苏华西村股份有限公司) (000936.SZ) reported a net profit of 44.4 million yuan in the first half of 2023, down 60% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 23%.