Zhejiang Yonggui Electric Equipment Co.,Ltd.’s Net Profit Dropped 19.8% in First Half of 2023

Zhejiang Yonggui Electric Equipment Co.,Ltd. (浙江永贵电器股份有限公司) (300351.SZ) reported a net profit of 66.6 million yuan in the first half of 2023, down 19.8% year-on-year.

Meanwhile, the company posted 679.2 million yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 586.9 million yuan in total liabilities, with a liability-to-asset ratio of 20%.