Guangxi Liugong Machinery Co.,Ltd.’s Net Profit Rose 24.1% in First Half of 2023

Guangxi Liugong Machinery Co.,Ltd. (广西柳工机械股份有限公司) (000528.SZ) reported a net profit of 619 million yuan in the first half of 2023, up 24.1% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 9.2% year-on-year.

At the end of the reporting period, it had 45.7 billion yuan in total assets and 28 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.