Weihai Guangtai Airport Equipment Co.,Ltd.’s Net Profit Dropped 39.9% in First Half of 2023

Weihai Guangtai Airport Equipment Co.,Ltd. (威海广泰空港设备股份有限公司) (002111.SZ) reported a net profit of 57.1 million yuan in the first half of 2023, down 39.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.