Dongguan Golden Sun Abrasives Co.,Ltd.’s Net Profit Dropped 42.4% in First Half of 2023

Dongguan Golden Sun Abrasives Co.,Ltd. (东莞金太阳研磨股份有限公司) (300606.SZ) reported a net profit of 8.6 million yuan in the first half of 2023, down 42.4% year-on-year.

Meanwhile, the company posted 198 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 871.4 million yuan in total assets and 248.8 million yuan in total liabilities, with a liability-to-asset ratio of 28.6%.