Hangzhou Kaierda Welding Robot Co.,Ltd.’s Net Profit Dropped 49.7% in First Half of 2023

Hangzhou Kaierda Welding Robot Co.,Ltd. (杭州凯尔达焊接机器人股份有限公司) (688255.SH) reported a net profit of 11.4 million yuan in the first half of 2023, down 49.7% year-on-year.

Meanwhile, the company posted 243.7 million yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 163 million yuan in total liabilities, with a liability-to-asset ratio of 12.8%.