Hangzhou Juheshun New Materials Co.,Ltd.’s Net Profit Dropped 18.1% in First Half of 2023

Hangzhou Juheshun New Materials Co.,Ltd. (杭州聚合顺新材料股份有限公司) (605166.SH) reported a net profit of 109.6 million yuan in the first half of 2023, down 18.1% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 17.9% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 58%.