Shanghai Lingang Holdings Corporation Limited’s Net Profit Rose 1.9% in First Half of 2023

Shanghai Lingang Holdings Corporation Limited (上海临港控股股份有限公司) (600848.SH) reported a net profit of 748.2 million yuan in the first half of 2023, up 1.9% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 38% year-on-year.

At the end of the reporting period, it had 72.4 billion yuan in total assets and 44.8 billion yuan in total liabilities, with a liability-to-asset ratio of 62%.