Konfoong Materials International Co.,Ltd.’s Net Profit Dropped 5.1% in First Half of 2023

Konfoong Materials International Co.,Ltd. (宁波江丰电子材料股份有限公司) (300666.SZ) reported a net profit of 140.3 million yuan in the first half of 2023, down 5.1% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 22.6%.