Jiangsu Hengli Hydraulic Co.,Ltd.’s Net Profit Rose 20.9% in First Half of 2023

Jiangsu Hengli Hydraulic Co.,Ltd. (江苏恒立液压股份有限公司) (601100.SH) reported a net profit of 1.3 billion yuan in the first half of 2023, up 20.9% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 14.6% year-on-year.

At the end of the reporting period, it had 17.2 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 23.2%.