Wuchan Zhongda Group Co.,Ltd.’s Net Profit Dropped 2.4% in First Half of 2023

Wuchan Zhongda Group Co.,Ltd. (物产中大集团股份有限公司) (600704.SH) reported a net profit of 3 billion yuan in the first half of 2023, down 2.4% year-on-year.

Meanwhile, the company posted 290.1 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 182 billion yuan in total assets and 134 billion yuan in total liabilities, with a liability-to-asset ratio of 73.6%.