Jiangling Motors Co.,Ltd.’s Net Profit Rose 5.9% in First Half of 2023

Jiangling Motors Co.,Ltd. (江铃汽车股份有限公司) (000550.SZ) reported a net profit of 446.6 million yuan in the first half of 2023, up 5.9% year-on-year.

Meanwhile, the company posted 15.4 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 27.9 billion yuan in total assets and 18.5 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.