Shantui Construction Machinery Co.,Ltd.’s Net Profit Dropped 24.9% in First Half of 2023

Shantui Construction Machinery Co.,Ltd. (山推工程机械股份有限公司) (000680.SZ) reported a net profit of 304.5 million yuan in the first half of 2023, down 24.9% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.