Suzhou Hailu Heavy Industry Co.,Ltd.’s Net Profit Rose 9.4% in First Half of 2023

Suzhou Hailu Heavy Industry Co.,Ltd. (苏州海陆重工股份有限公司) (002255.SZ) reported a net profit of 159.9 million yuan in the first half of 2023, up 9.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 20.4% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41%.