Zhejiang Dehong Automotive Electronic&Electrical Co.,Ltd.’s Net Profit Rose 23.2% in First Half of 2023

Zhejiang Dehong Automotive Electronic&Electrical Co.,Ltd. (浙江德宏汽车电子电器股份有限公司) (603701.SH) reported a net profit of 17.7 million yuan in the first half of 2023, up 23.2% year-on-year.

Meanwhile, the company posted 292.7 million yuan in revenue, up 25.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 254.5 million yuan in total liabilities, with a liability-to-asset ratio of 24.6%.