Est Tools Co.,Ltd.’s Net Profit Dropped 13.6% in First Half of 2023

Est Tools Co.,Ltd. (恒锋工具股份有限公司) (300488.SZ) reported a net profit of 60.6 million yuan in the first half of 2023, down 13.6% year-on-year.

Meanwhile, the company posted 256 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 235 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.