Hubei Huitian New Materials Co.,Ltd.’s Net Profit Rose 22.4% in First Half of 2023

Hubei Huitian New Materials Co.,Ltd. (湖北回天新材料股份有限公司) (300041.SZ) reported a net profit of 222.9 million yuan in the first half of 2023, up 22.4% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.