Nanxing Machinery Co.,Ltd.’s Net Profit Rose 10.1% in First Half of 2023

Nanxing Machinery Co.,Ltd. (南兴装备股份有限公司) (002757.SZ) reported a net profit of 165.9 million yuan in the first half of 2023, up 10.1% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 30.1% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40%.