Sinotruk Jinan Truck Co.,Ltd.’s Net Profit Rose 35.6% in First Half of 2023

Sinotruk Jinan Truck Co.,Ltd. (中国重汽集团济南卡车股份有限公司) (000951.SZ) reported a net profit of 678 million yuan in the first half of 2023, up 35.6% year-on-year.

Meanwhile, the company posted 20.2 billion yuan in revenue, up 31.7% year-on-year.

At the end of the reporting period, it had 37.5 billion yuan in total assets and 22.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60.1%.