Chahua Modern Housewares Co.,Ltd. Posted 4.3 Million Yuan Net Profit in First Half of 2023

Chahua Modern Housewares Co.,Ltd. (茶花现代家居用品股份有限公司) (603615.SH) reported a net profit of 4.3 million yuan in the first half of 2023, reversing a net loss of 8.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 326 million yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 208.4 million yuan in total liabilities, with a liability-to-asset ratio of 14.7%.