Jiangsu Kuangshun Photosensitivity New-Material Stock Co.,Ltd. Posted 20.1 Million Yuan Net Profit in First Half of 2023

Jiangsu Kuangshun Photosensitivity New-Material Stock Co.,Ltd. (江苏广信感光新材料股份有限公司) (300537.SZ) reported a net profit of 20.1 million yuan in the first half of 2023, reversing a net loss of 16.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 243.4 million yuan in revenue, down 15.8% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 400.9 million yuan in total liabilities, with a liability-to-asset ratio of 37.1%.