Wedge Industrial Co.,Ltd.’s Net Profit Rose 15.2% in First Half of 2023

Wedge Industrial Co.,Ltd. (万泽实业股份有限公司) (000534.SZ) reported a net profit of 87.1 million yuan in the first half of 2023, up 15.2% year-on-year.

Meanwhile, the company posted 475.6 million yuan in revenue, up 26.9% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.