Jiangsu Huaxin New Material Co.,Ltd.’s Net Profit Rose 14.6% in First Half of 2023

Jiangsu Huaxin New Material Co.,Ltd. (江苏华信新材料股份有限公司) (300717.SZ) reported a net profit of 21.4 million yuan in the first half of 2023, up 14.6% year-on-year.

Meanwhile, the company posted 149.3 million yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 755.7 million yuan in total assets and 101.5 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.