Dongfeng Automobile Co.,Ltd.’s Net Profit Dropped 16.6% in First Half of 2023

Dongfeng Automobile Co.,Ltd. (东风汽车股份有限公司) (600006.SH) reported a net profit of 89.6 million yuan in the first half of 2023, down 16.6% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 17.7 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.