Anhui Greatwall Military Industry Co.,Ltd.’s Net Profit Dropped 34.3% in First Half of 2023

Anhui Greatwall Military Industry Co.,Ltd. (安徽长城军工股份有限公司) (601606.SH) reported a net profit of 1.6 million yuan in the first half of 2023, down 34.3% year-on-year.

Meanwhile, the company posted 633.2 million yuan in revenue, down 14.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.