Hubei Kailong Chemical Group Co.,Ltd.’s Net Profit Rose 5% in First Half of 2023

Hubei Kailong Chemical Group Co.,Ltd. (湖北凯龙化工集团股份有限公司) (002783.SZ) reported a net profit of 143.5 million yuan in the first half of 2023, up 5% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 67.3%.