Guangdong Rifeng Electric Cable Co.,Ltd.’s Net Profit Rose 24.7% in First Half of 2023

Guangdong Rifeng Electric Cable Co.,Ltd. (广东日丰电缆股份有限公司) (002953.SZ) reported a net profit of 75.8 million yuan in the first half of 2023, up 24.7% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.