Jiawei Renewable Energy Co.,Ltd.’s Net Profit Dropped 88.9% in First Half of 2023

Jiawei Renewable Energy Co.,Ltd. (珈伟新能源股份有限公司) (300317.SZ) reported a net profit of 8.4 million yuan in the first half of 2023, down 88.9% year-on-year.

Meanwhile, the company posted 298.8 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 732.2 million yuan in total liabilities, with a liability-to-asset ratio of 28.6%.