Shanghai Chinafortune Co.,Ltd.’s Net Profit Dropped 14.1% in First Half of 2023

Shanghai Chinafortune Co.,Ltd. (上海华鑫股份有限公司) (600621.SH) reported a net profit of 167.5 million yuan in the first half of 2023, down 14.1% year-on-year.

Meanwhile, the company posted 7.2 million yuan in revenue, down 19.1% year-on-year.

At the end of the reporting period, it had 37.7 billion yuan in total assets and 30.1 billion yuan in total liabilities, with a liability-to-asset ratio of 79.8%.