Apr 29, 2023 08:00 AM

Hailun Piano Co.,Ltd.’s Net Profit Dropped 47.8% in First Quarter of 2023

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Hailun Piano Co.,Ltd. (海伦钢琴股份有限公司) (300329.SZ) reported a net profit of 3.4 million yuan in the first quarter of 2023, down 47.8% year-on-year.

Meanwhile, the company posted 75.6 million yuan in revenue, down 22.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 434.1 million yuan in total liabilities, with a liability-to-asset ratio of 32%.

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