Jinlong Machinery&Electronic Co.,Ltd.’s Net Profit Rose 132.9% in First Half of 2023

Jinlong Machinery&Electronic Co.,Ltd. (金龙机电股份有限公司) (300032.SZ) reported a net profit of 22.6 million yuan in the first half of 2023, up 132.9% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.