Shenzhen Woer Heat-Shrinkable Material Co.,Ltd.’s Net Profit Rose 2.2% in First Half of 2023

Shenzhen Woer Heat-Shrinkable Material Co.,Ltd. (深圳市沃尔核材股份有限公司) (002130.SZ) reported a net profit of 317.6 million yuan in the first half of 2023, up 2.2% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.