Zhongfu Straits(Pingtan) Development Company Limited Posted 10.3 Million Yuan Net Profit in First Half of 2023

Zhongfu Straits(Pingtan) Development Company Limited (中福海峡(平潭)发展股份有限公司) (000592.SZ) reported a net profit of 10.3 million yuan in the first half of 2023, reversing a net loss of 419,011 yuan for the same period in the previous year.

Meanwhile, the company posted 586.7 million yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.