Hangcha Group Co.,Ltd.’s Net Profit Rose 68.3% in First Half of 2023

Hangcha Group Co.,Ltd. (杭叉集团股份有限公司) (603298.SH) reported a net profit of 828.1 million yuan in the first half of 2023, up 68.3% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 12.8 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 35.8%.