Hangzhou Robam Appliances Co.,Ltd.’s Net Profit Rose 14.1% in First Half of 2023

Hangzhou Robam Appliances Co.,Ltd. (杭州老板电器股份有限公司) (002508.SZ) reported a net profit of 823.2 million yuan in the first half of 2023, up 14.1% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 33.6%.