Lianyungang Donghai Silicon Powder Co.,Ltd.’s Net Profit Dropped 20.8% in First Half of 2023

Lianyungang Donghai Silicon Powder Co.,Ltd. (江苏联瑞新材料股份有限公司) (688300.SH) reported a net profit of 73 million yuan in the first half of 2023, down 20.8% year-on-year.

Meanwhile, the company posted 314.1 million yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 318.1 million yuan in total liabilities, with a liability-to-asset ratio of 20.3%.