Hongbaoli Group Corporation,Ltd. Posted 7.6 Million Yuan Net Profit in First Half of 2023

Hongbaoli Group Corporation,Ltd. (红宝丽集团股份有限公司) (002165.SZ) reported a net profit of 7.6 million yuan in the first half of 2023, reversing a net loss of 4.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 66.1%.