Zhejiang Semir Garment Co.,Ltd.’s Net Profit Rose 507.5% in First Half of 2023

Zhejiang Semir Garment Co.,Ltd. (浙江森马服饰股份有限公司) (002563.SZ) reported a net profit of 514.1 million yuan in the first half of 2023, up 507.5% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 6 billion yuan in total liabilities, with a liability-to-asset ratio of 35.5%.