Hunan Aerospace Huanyu Communication Technology Co.,Ltd.’s Net Profit Rose 36.7% in First Half of 2023

Hunan Aerospace Huanyu Communication Technology Co.,Ltd. (湖南航天环宇通信科技股份有限公司) (688523.SH) reported a net profit of 16.1 million yuan in the first half of 2023, up 36.7% year-on-year.

Meanwhile, the company posted 108 million yuan in revenue, up 42.8% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 509.7 million yuan in total liabilities, with a liability-to-asset ratio of 24.4%.