Hengtong Logistics Co.,Ltd.’s Net Profit Rose 117.1% in First Half of 2023

Hengtong Logistics Co.,Ltd. (恒通物流股份有限公司) (603223.SH) reported a net profit of 65.3 million yuan in the first half of 2023, up 117.1% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 20.4% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 798.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.4%.