Shandong Longji Machinery Co.,Ltd.’s Net Profit Dropped 6.8% in First Half of 2023

Shandong Longji Machinery Co.,Ltd. (山东隆基机械股份有限公司) (002363.SZ) reported a net profit of 23.5 million yuan in the first half of 2023, down 6.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.9%.