Dayu Irrigation Group Co.,Ltd.’s Net Profit Dropped 36.5% in First Half of 2023

Dayu Irrigation Group Co.,Ltd. (大禹节水集团股份有限公司) (300021.SZ) reported a net profit of 23.9 million yuan in the first half of 2023, down 36.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 67.5%.