Shantou Wanshun New Material Group Co.,Ltd.’s Net Profit Dropped 74.5% in First Half of 2023

Shantou Wanshun New Material Group Co.,Ltd. (汕头万顺新材集团股份有限公司) (300057.SZ) reported a net profit of 30.3 million yuan in the first half of 2023, down 74.5% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 11.7% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 42%.