Highbroad Advanced Material(Hefei) Co.,Ltd.’s Net Profit Rose 53.7% in First Half of 2023

Highbroad Advanced Material(Hefei) Co.,Ltd. (翰博高新材料(合肥)股份有限公司) (301321.SZ) reported a net profit of 82.7 million yuan in the first half of 2023, up 53.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 25.5% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.7%.