Jiangsu Pacific Precision Forging Co.,Ltd.’s Net Profit Rose 18.5% in First Half of 2023

Jiangsu Pacific Precision Forging Co.,Ltd. (江苏太平洋精锻科技股份有限公司) (300258.SZ) reported a net profit of 127.2 million yuan in the first half of 2023, up 18.5% year-on-year.

Meanwhile, the company posted 947.6 million yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.