Guangxi Wuzhou Zhongheng Group Co.,Ltd.’s Net Profit Dropped 46.1% in First Half of 2023

Guangxi Wuzhou Zhongheng Group Co.,Ltd. (广西梧州中恒集团股份有限公司) (600252.SH) reported a net profit of 29 million yuan in the first half of 2023, down 46.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 11.4 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.