Hubei Shuanghuan Science And Technologystock Co.,Ltd.’s Net Profit Dropped 42.1% in First Half of 2023

Hubei Shuanghuan Science And Technologystock Co.,Ltd. (湖北双环科技股份有限公司) (000707.SZ) reported a net profit of 298.1 million yuan in the first half of 2023, down 42.1% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 13.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.9%.