Changhong Huayi Compressor Co.,Ltd.’s Net Profit Rose 59.6% in First Quarter of 2023

Changhong Huayi Compressor Co.,Ltd. (长虹华意压缩机股份有限公司) (000404.SZ) reported a net profit of 90.6 million yuan in the first quarter of 2023, up 59.6% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 13.3 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 62.5%.