Jiangyin Zhongnan Heavy Industries Co.,Ltd.’s Net Profit Dropped 35.7% in First Half of 2023

Jiangyin Zhongnan Heavy Industries Co.,Ltd. (中南红文化集团股份有限公司) (002445.SZ) reported a net profit of 127.7 million yuan in the first half of 2023, down 35.7% year-on-year.

Meanwhile, the company posted 321 million yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 644 million yuan in total liabilities, with a liability-to-asset ratio of 23.5%.