Lafang China Co.,Ltd.’s Net Profit Rose 12% in First Half of 2023

Lafang China Co.,Ltd. (拉芳家化股份有限公司) (603630.SH) reported a net profit of 50.9 million yuan in the first half of 2023, up 12% year-on-year.

Meanwhile, the company posted 371.9 million yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 194.8 million yuan in total liabilities, with a liability-to-asset ratio of 8.9%.