China Reform Culture Holdings Co.,Ltd.’s Net Profit Dropped 0.7% in First Half of 2023

China Reform Culture Holdings Co.,Ltd. (国新文化控股股份有限公司) (600636.SH) reported a net profit of 11.5 million yuan in the first half of 2023, down 0.7% year-on-year.

Meanwhile, the company posted 117.1 million yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 93 million yuan in total liabilities, with a liability-to-asset ratio of 3.4%.