Huida Sanitary Ware Co.,Ltd.’s Net Profit Dropped 10.1% in First Half of 2023

Huida Sanitary Ware Co.,Ltd. (惠达卫浴股份有限公司) (603385.SH) reported a net profit of 56.8 million yuan in the first half of 2023, down 10.1% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 31.4%.