Shanghai Ganglian E-Commerce Holdings Co.,Ltd.’s Net Profit Rose 22.6% in First Half of 2023

Shanghai Ganglian E-Commerce Holdings Co.,Ltd. (上海钢联电子商务股份有限公司) (300226.SZ) reported a net profit of 208.9 million yuan in the first half of 2023, up 22.6% year-on-year.

Meanwhile, the company posted 39 billion yuan in revenue, up 1.9% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 74.2%.