Nanfang Ventilator Co.,Ltd.’s Net Profit Dropped 48% in First Half of 2023

Nanfang Ventilator Co.,Ltd. (南方风机股份有限公司) (300004.SZ) reported a net profit of 3 million yuan in the first half of 2023, down 48% year-on-year.

Meanwhile, the company posted 154 million yuan in revenue, up 19.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 213.6 million yuan in total liabilities, with a liability-to-asset ratio of 11.1%.