Hy Energy Group Co.,Ltd.’s Net Profit Dropped 32.2% in First Half of 2023

Hy Energy Group Co.,Ltd. (海越能源集团股份有限公司) (600387.SH) reported a net profit of 34.3 million yuan in the first half of 2023, down 32.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 63.1% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 25.1%.