Shanghai Jahwa United Co.,Ltd.’s Net Profit Rose 90.9% in First Half of 2023

Shanghai Jahwa United Co.,Ltd. (上海家化联合股份有限公司) (600315.SH) reported a net profit of 301 million yuan in the first half of 2023, up 90.9% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.