Jiangsu Seagull Cooling Tower Co.,Ltd.’s Net Profit Rose 5.9% in First Half of 2023

Jiangsu Seagull Cooling Tower Co.,Ltd. (江苏海鸥冷却塔股份有限公司) (603269.SH) reported a net profit of 23.1 million yuan in the first half of 2023, up 5.9% year-on-year.

Meanwhile, the company posted 559.5 million yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.