Hunan Corun New Energy Co.,Ltd.’s Net Profit Dropped 76.4% in First Half of 2023

Hunan Corun New Energy Co.,Ltd. (湖南科力远新能源股份有限公司) (600478.SH) reported a net profit of 12.3 million yuan in the first half of 2023, down 76.4% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 28.9% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61%.