Hangzhou Oxygen Plant Group Co.,Ltd.’s Net Profit Dropped 28.3% in First Half of 2023

Hangzhou Oxygen Plant Group Co.,Ltd. (杭氧集团股份有限公司) (002430.SZ) reported a net profit of 562.5 million yuan in the first half of 2023, down 28.3% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 20.4 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.