Fangda Carbon New Material Co.,Ltd.’s Net Profit Dropped 21.1% in First Half of 2023

Fangda Carbon New Material Co.,Ltd. (方大炭素新材料科技股份有限公司) (600516.SH) reported a net profit of 283 million yuan in the first half of 2023, down 21.1% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 14.4%.