Jiangxi Hengda Hi-Tech Co.,Ltd. Posted 1.2 Million Yuan Net Profit in First Half of 2023

Jiangxi Hengda Hi-Tech Co.,Ltd. (江西恒大高新技术股份有限公司) (002591.SZ) reported a net profit of 1.2 million yuan in the first half of 2023, reversing a net loss of 4.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 162.4 million yuan in revenue, down 6.5% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 394.8 million yuan in total liabilities, with a liability-to-asset ratio of 35.4%.