Zhejiang Jiaxin Silk Co.,Ltd.’s Net Profit Rose 4.2% in First Half of 2023

Zhejiang Jiaxin Silk Co.,Ltd. (浙江嘉欣丝绸股份有限公司) (002404.SZ) reported a net profit of 131.9 million yuan in the first half of 2023, up 4.2% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.