Malion New Materials Co.,Ltd.’s Net Profit Dropped 55.9% in First Half of 2023

Malion New Materials Co.,Ltd. (广东美联新材料股份有限公司) (300586.SZ) reported a net profit of 134 million yuan in the first half of 2023, down 55.9% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 22.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 919.3 million yuan in total liabilities, with a liability-to-asset ratio of 28.3%.