Huayu Automotive Systems Company Limited’s Net Profit Rose 15.6% in First Half of 2023

Huayu Automotive Systems Company Limited (华域汽车系统股份有限公司) (600741.SH) reported a net profit of 3.3 billion yuan in the first half of 2023, up 15.6% year-on-year.

Meanwhile, the company posted 77 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 169.3 billion yuan in total assets and 111.7 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.