Lingyun Industrial Corporation Limited’s Net Profit Rose 52.6% in First Half of 2023

Lingyun Industrial Corporation Limited (凌云工业股份有限公司) (600480.SH) reported a net profit of 434.1 million yuan in the first half of 2023, up 52.6% year-on-year.

Meanwhile, the company posted 8.7 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 19 billion yuan in total assets and 10.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.