Huada Automotive Technology Co.,Ltd.’s Net Profit Rose 29.9% in First Half of 2023

Huada Automotive Technology Co.,Ltd. (华达汽车科技股份有限公司) (603358.SH) reported a net profit of 182.6 million yuan in the first half of 2023, up 29.9% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.