Shandong Head Group Co.,Ltd.’s Net Profit Dropped 30.4% in First Half of 2023

Shandong Head Group Co.,Ltd. (山东赫达集团股份有限公司) (002810.SZ) reported a net profit of 156.9 million yuan in the first half of 2023, down 30.4% year-on-year.

Meanwhile, the company posted 750.4 million yuan in revenue, down 17.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.9%.