Shanghai Huitong Energy Co.,Ltd.’s Net Profit Rose 198.2% in First Half of 2023

Shanghai Huitong Energy Co.,Ltd. (上海汇通能源股份有限公司) (600605.SH) reported a net profit of 31.8 million yuan in the first half of 2023, up 198.2% year-on-year.

Meanwhile, the company posted 50.3 million yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 56.2%.