Shanghai Trendzone Consturction Decoration Group Co.,Ltd. Posted 28 Million Yuan Net Profit in First Half of 2023

Shanghai Trendzone Consturction Decoration Group Co.,Ltd. (上海全筑控股集团股份有限公司) (603030.SH) reported a net profit of 28 million yuan in the first half of 2023, reversing a net loss of 650.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 534.9 million yuan in revenue, down 44.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 102.5%.