Three Squirrels Inc.’s Net Profit Rose 87% in First Half of 2023

Three Squirrels Inc. (三只松鼠股份有限公司) (300783.SZ) reported a net profit of 153.6 million yuan in the first half of 2023, up 87% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 29.7% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36%.