Power Hf Co.,Ltd.’s Net Profit Rose 97% in First Half of 2023

Power Hf Co.,Ltd. (华丰动力股份有限公司) (605100.SH) reported a net profit of 48.1 million yuan in the first half of 2023, up 97% year-on-year.

Meanwhile, the company posted 714.6 million yuan in revenue, up 79.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 508.8 million yuan in total liabilities, with a liability-to-asset ratio of 21.9%.