Ningbo Huaxiang Electronic Co.,Ltd.’s Net Profit Rose 49.9% in First Half of 2023

Ningbo Huaxiang Electronic Co.,Ltd. (宁波华翔电子股份有限公司) (002048.SZ) reported a net profit of 708.9 million yuan in the first half of 2023, up 49.9% year-on-year.

Meanwhile, the company posted 10.2 billion yuan in revenue, up 24.6% year-on-year.

At the end of the reporting period, it had 25.1 billion yuan in total assets and 12 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.