Guangdong Chant Group Inc.’s Net Profit Rose 1234% in First Half of 2023

Guangdong Chant Group Inc. (广东长青(集团)股份有限公司) (002616.SZ) reported a net profit of 78.1 million yuan in the first half of 2023, up 1234% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 20.7% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 75%.