Hangxiao Steel Structure Co.,Ltd.’s Net Profit Rose 12.5% in First Half of 2023

Hangxiao Steel Structure Co.,Ltd. (杭萧钢构股份有限公司) (600477.SH) reported a net profit of 220.3 million yuan in the first half of 2023, up 12.5% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 6.4% year-on-year.

At the end of the reporting period, it had 14.9 billion yuan in total assets and 9.3 billion yuan in total liabilities, with a liability-to-asset ratio of 62.8%.