Hunan Valin Steel Co.,Ltd.’s Net Profit Dropped 23.6% in First Half of 2023

Hunan Valin Steel Co.,Ltd. (湖南华菱钢铁股份有限公司) (000932.SZ) reported a net profit of 3.2 billion yuan in the first half of 2023, down 23.6% year-on-year.

Meanwhile, the company posted 79.3 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 130.2 billion yuan in total assets and 69.3 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.