Shanxi Huaxiang Group Co.,Ltd.’s Net Profit Dropped 3.6% in First Half of 2023

Shanxi Huaxiang Group Co.,Ltd. (山西华翔集团股份有限公司) (603112.SH) reported a net profit of 165.2 million yuan in the first half of 2023, down 3.6% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.