Ningbo Xusheng Group Co.,Ltd.’s Net Profit Rose 43.2% in First Half of 2023

Ningbo Xusheng Group Co.,Ltd. (宁波旭升集团股份有限公司) (603305.SH) reported a net profit of 392.8 million yuan in the first half of 2023, up 43.2% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.2%.