Suzhou Chunxing Precision Mechanical Co.,Ltd.’s Net Profit Rose 22.7% in First Half of 2023

Suzhou Chunxing Precision Mechanical Co.,Ltd. (苏州春兴精工股份有限公司) (002547.SZ) reported a net profit of 4.2 million yuan in the first half of 2023, up 22.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 89.8%.