Minsheng Holdings Co.,Ltd. Posted 4.1 Million Yuan Net Profit in First Half of 2023

Minsheng Holdings Co.,Ltd. (民生控股股份有限公司) (000416.SZ) reported a net profit of 4.1 million yuan in the first half of 2023, reversing a net loss of 4.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.5 million yuan in revenue, up 68.1% year-on-year.

At the end of the reporting period, it had 905.6 million yuan in total assets and 20.4 million yuan in total liabilities, with a liability-to-asset ratio of 2.3%.