Jiangxi Huawu Brake Co.,Ltd.’s Net Profit Dropped 29.6% in First Half of 2023

Jiangxi Huawu Brake Co.,Ltd. (江西华伍制动器股份有限公司) (300095.SZ) reported a net profit of 52.4 million yuan in the first half of 2023, down 29.6% year-on-year.

Meanwhile, the company posted 639.8 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.5%.