Jinlihua Electric Co.,Ltd.’s Net Profit Dropped 72% in First Half of 2023

Jinlihua Electric Co.,Ltd. (金利华电气股份有限公司) (300069.SZ) reported a net profit of 647,511 yuan in the first half of 2023, down 72% year-on-year.

Meanwhile, the company posted 64.1 million yuan in revenue, up 39.5% year-on-year.

At the end of the reporting period, it had 354.8 million yuan in total assets and 105.1 million yuan in total liabilities, with a liability-to-asset ratio of 29.6%.