Hunan Hualian China Industry Co.,Ltd.’s Net Profit Dropped 6.9% in First Half of 2023

Hunan Hualian China Industry Co.,Ltd. (湖南华联瓷业股份有限公司) (001216.SZ) reported a net profit of 84.1 million yuan in the first half of 2023, down 6.9% year-on-year.

Meanwhile, the company posted 556.6 million yuan in revenue, down 23.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 377.4 million yuan in total liabilities, with a liability-to-asset ratio of 20.1%.