Hengdian Group Dmegc Magnetics Co.,Ltd.’s Net Profit Rose 52.5% in First Half of 2023

Hengdian Group Dmegc Magnetics Co.,Ltd. (横店集团东磁股份有限公司) (002056.SZ) reported a net profit of 1.2 billion yuan in the first half of 2023, up 52.5% year-on-year.

Meanwhile, the company posted 10.2 billion yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 19.9 billion yuan in total assets and 11.4 billion yuan in total liabilities, with a liability-to-asset ratio of 57.6%.