Changchun Faway Automobile Components Co.,Ltd.’s Net Profit Rose 21.7% in First Half of 2023

Changchun Faway Automobile Components Co.,Ltd. (长春一汽富维汽车零部件股份有限公司) (600742.SH) reported a net profit of 347.8 million yuan in the first half of 2023, up 21.7% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 20.4 billion yuan in total assets and 11.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.4%.