Riyue Heavy Industry Co.,Ltd.’s Net Profit Rose 184.2% in First Half of 2023

Riyue Heavy Industry Co.,Ltd. (日月重工股份有限公司) (603218.SH) reported a net profit of 290.6 million yuan in the first half of 2023, up 184.2% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 12.9 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 24.8%.