Guangdong Kinlong Hardware Products Co.,Ltd. Posted 21.4 Million Yuan Net Profit in First Half of 2023

Guangdong Kinlong Hardware Products Co.,Ltd. (广东坚朗五金制品股份有限公司) (002791.SZ) reported a net profit of 21.4 million yuan in the first half of 2023, reversing a net loss of 81.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.