Panda Financial Holding Corp.,Ltd.’s Net Profit Dropped 41.1% in First Half of 2023

Panda Financial Holding Corp.,Ltd. (熊猫金控股份有限公司) (600599.SH) reported a net profit of 41.2 million yuan in the first half of 2023, down 41.1% year-on-year.

Meanwhile, the company posted 155.9 million yuan in revenue, down 35.1% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 179.2 million yuan in total liabilities, with a liability-to-asset ratio of 17.8%.