Zhuzhou Hongda Electronics Corp.,Ltd.’s Net Profit Dropped 37.1% in First Half of 2023

Zhuzhou Hongda Electronics Corp.,Ltd. (株洲宏达电子股份有限公司) (300726.SZ) reported a net profit of 311.2 million yuan in the first half of 2023, down 37.1% year-on-year.

Meanwhile, the company posted 829.6 million yuan in revenue, down 24.8% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 817.9 million yuan in total liabilities, with a liability-to-asset ratio of 14.6%.