New Hope Dairy Co.,Ltd.’s Net Profit Rose 27.3% in First Half of 2023

New Hope Dairy Co.,Ltd. (新希望乳业股份有限公司) (002946.SZ) reported a net profit of 246.1 million yuan in the first half of 2023, up 27.3% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 71%.