Hailun Piano Co.,Ltd.’s Net Profit Dropped 48.1% in First Half of 2023

Hailun Piano Co.,Ltd. (海伦钢琴股份有限公司) (300329.SZ) reported a net profit of 3.2 million yuan in the first half of 2023, down 48.1% year-on-year.

Meanwhile, the company posted 154 million yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 437.4 million yuan in total liabilities, with a liability-to-asset ratio of 32.1%.