Shanghai Laiyifen Co.,Ltd.’s Net Profit Dropped 51.1% in First Half of 2023

Shanghai Laiyifen Co.,Ltd. (上海来伊份股份有限公司) (603777.SH) reported a net profit of 54 million yuan in the first half of 2023, down 51.1% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 8.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.