Liaoning Shidai Wanheng Co.,Ltd.’s Net Profit Dropped 64.5% in First Half of 2023

Liaoning Shidai Wanheng Co.,Ltd. (辽宁时代万恒股份有限公司) (600241.SH) reported a net profit of 29.5 million yuan in the first half of 2023, down 64.5% year-on-year.

Meanwhile, the company posted 345.1 million yuan in revenue, down 30.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 268.6 million yuan in total liabilities, with a liability-to-asset ratio of 20.9%.