Wenzhou Yihua Connector Co.,Ltd.’s Net Profit Dropped 71.3% in First Half of 2023

Wenzhou Yihua Connector Co.,Ltd. (温州意华接插件股份有限公司) (002897.SZ) reported a net profit of 49.5 million yuan in the first half of 2023, down 71.3% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.6%.