Jiangsu Jiangnan High Polymer Fiber Co.,Ltd.’s Net Profit Dropped 44.6% in First Half of 2023

Jiangsu Jiangnan High Polymer Fiber Co.,Ltd. (江苏江南高纤股份有限公司) (600527.SH) reported a net profit of 22.2 million yuan in the first half of 2023, down 44.6% year-on-year.

Meanwhile, the company posted 327.8 million yuan in revenue, down 22.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 127 million yuan in total liabilities, with a liability-to-asset ratio of 5.5%.