Jiangsu Sunshine Co.,Ltd.’s Net Profit Dropped 74.1% in First Half of 2023

Jiangsu Sunshine Co.,Ltd. (江苏阳光股份有限公司) (600220.SH) reported a net profit of 11.4 million yuan in the first half of 2023, down 74.1% year-on-year.

Meanwhile, the company posted 772 million yuan in revenue, down 13.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.2%.