Hunan Aihua Group Co.,Ltd.’s Net Profit Dropped 19.5% in First Half of 2023

Hunan Aihua Group Co.,Ltd. (湖南艾华集团股份有限公司) (603989.SH) reported a net profit of 193.7 million yuan in the first half of 2023, down 19.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 12.3% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 35.4%.