Fujian Start Group Co.,Ltd. Posted 23 Million Yuan Net Profit in First Half of 2023

Fujian Start Group Co.,Ltd. (福建实达集团股份有限公司) (600734.SH) reported a net profit of 23 million yuan in the first half of 2023, reversing a net loss of 113.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 92.9 million yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 896.6 million yuan in total assets and 518.6 million yuan in total liabilities, with a liability-to-asset ratio of 57.8%.