Shanghai Sanmao Enterprise(Group) Co.,Ltd.’s Net Profit Rose 5668.9% in First Half of 2023

Shanghai Sanmao Enterprise(Group) Co.,Ltd. (上海三毛企业(集团)股份有限公司) (600689.SH) reported a net profit of 15.2 million yuan in the first half of 2023, up 5668.9% year-on-year.

Meanwhile, the company posted 516.7 million yuan in revenue, up 37% year-on-year.

At the end of the reporting period, it had 770.9 million yuan in total assets and 330.4 million yuan in total liabilities, with a liability-to-asset ratio of 42.9%.