Zhejiang Great Southeast Company Limited’s Net Profit Dropped 85.8% in First Half of 2023

Zhejiang Great Southeast Company Limited (浙江大东南股份有限公司) (002263.SZ) reported a net profit of 8.1 million yuan in the first half of 2023, down 85.8% year-on-year.

Meanwhile, the company posted 657.9 million yuan in revenue, down 21.5% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 345.5 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.