Rongan Property Co.,Ltd.’s Net Profit Rose 25.8% in First Half of 2023

Rongan Property Co.,Ltd. (荣安地产股份有限公司) (000517.SZ) reported a net profit of 852.6 million yuan in the first half of 2023, up 25.8% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 68% year-on-year.

At the end of the reporting period, it had 61.4 billion yuan in total assets and 51 billion yuan in total liabilities, with a liability-to-asset ratio of 83.1%.