Jiangyin Hengrun Heavy Industries Co.,Ltd.’s Net Profit Rose 30.1% in First Half of 2023

Jiangyin Hengrun Heavy Industries Co.,Ltd. (江阴市恒润重工股份有限公司) (603985.SH) reported a net profit of 55.3 million yuan in the first half of 2023, up 30.1% year-on-year.

Meanwhile, the company posted 846.4 million yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 859.7 million yuan in total liabilities, with a liability-to-asset ratio of 20%.