Zhejiang Aokang Shoes Co.,Ltd.’s Net Profit Rose 173.2% in First Half of 2023

Zhejiang Aokang Shoes Co.,Ltd. (浙江奥康鞋业股份有限公司) (603001.SH) reported a net profit of 8.5 million yuan in the first half of 2023, up 173.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 12.2% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.