Zhejiang Kaier New Materials Co.,Ltd.’s Net Profit Rose 26.8% in First Half of 2023

Zhejiang Kaier New Materials Co.,Ltd. (浙江开尔新材料股份有限公司) (300234.SZ) reported a net profit of 28.3 million yuan in the first half of 2023, up 26.8% year-on-year.

Meanwhile, the company posted 220.7 million yuan in revenue, down 16.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 371 million yuan in total liabilities, with a liability-to-asset ratio of 25.4%.