Shanghai Zhonggu Logistics Co.,Ltd.’s Net Profit Dropped 42.2% in First Half of 2023

Shanghai Zhonggu Logistics Co.,Ltd. (上海中谷物流股份有限公司) (603565.SH) reported a net profit of 892 million yuan in the first half of 2023, down 42.2% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, down 15% year-on-year.

At the end of the reporting period, it had 23.1 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57%.