Zhejiang Hailide New Material Co.,Ltd.’s Net Profit Dropped 45.2% in First Quarter of 2023

Zhejiang Hailide New Material Co.,Ltd. (浙江海利得新材料股份有限公司) (002206.SZ) reported a net profit of 67.7 million yuan in the first quarter of 2023, down 45.2% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.