Shanghai New Huang Pu Industrial Group Co.,Ltd.’s Net Profit Rose 75.5% in First Half of 2023

Shanghai New Huang Pu Industrial Group Co.,Ltd. (上海新黄浦实业集团股份有限公司) (600638.SH) reported a net profit of 108.9 million yuan in the first half of 2023, up 75.5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 26.5% year-on-year.

At the end of the reporting period, it had 21.9 billion yuan in total assets and 17.2 billion yuan in total liabilities, with a liability-to-asset ratio of 78.7%.