Guangdong Lingxiao Pump Industry Co.,Ltd.’s Net Profit Dropped 23.4% in First Half of 2023

Guangdong Lingxiao Pump Industry Co.,Ltd. (广东凌霄泵业股份有限公司) (002884.SZ) reported a net profit of 180.1 million yuan in the first half of 2023, down 23.4% year-on-year.

Meanwhile, the company posted 608 million yuan in revenue, down 29.6% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 132.7 million yuan in total liabilities, with a liability-to-asset ratio of 6.1%.