Zhejiang Yongqiang Group Co.,Ltd.’s Net Profit Rose 25.3% in First Half of 2023

Zhejiang Yongqiang Group Co.,Ltd. (浙江永强集团股份有限公司) (002489.SZ) reported a net profit of 297.1 million yuan in the first half of 2023, up 25.3% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 41% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 47.4%.