Hainan Haiyao Co.,Ltd. Posted 1.8 Million Yuan Net Profit in First Half of 2023

Hainan Haiyao Co.,Ltd. (海南海药股份有限公司) (000566.SZ) reported a net profit of 1.8 million yuan in the first half of 2023, reversing a net loss of 11.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 9.9% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.