Guangdong Huate Gas Co.,Ltd.’s Net Profit Dropped 36.3% in First Half of 2023

Guangdong Huate Gas Co.,Ltd. (广东华特气体股份有限公司) (688268.SH) reported a net profit of 75.3 million yuan in the first half of 2023, down 36.3% year-on-year.

Meanwhile, the company posted 740.5 million yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.4%.