Yuhuan Cnc Machine Tool Co.,Ltd.’s Net Profit Dropped 16.7% in First Half of 2023

Yuhuan Cnc Machine Tool Co.,Ltd. (宇环数控机床股份有限公司) (002903.SZ) reported a net profit of 37.4 million yuan in the first half of 2023, down 16.7% year-on-year.

Meanwhile, the company posted 193.8 million yuan in revenue, down 19.2% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 251.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.2%.