Sanyou Corporation Limited’s Net Profit Dropped 41.5% in First Half of 2023

Sanyou Corporation Limited (三友联众集团股份有限公司) (300932.SZ) reported a net profit of 23.6 million yuan in the first half of 2023, down 41.5% year-on-year.

Meanwhile, the company posted 886.9 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.