Lanzhou Huanghe Enterprise Co.,Ltd.’s Net Profit Rose 16.6% in First Half of 2023

Lanzhou Huanghe Enterprise Co.,Ltd. (兰州黄河企业股份有限公司) (000929.SZ) reported a net profit of 26.8 million yuan in the first half of 2023, up 16.6% year-on-year.

Meanwhile, the company posted 132.4 million yuan in revenue, down 8.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 201 million yuan in total liabilities, with a liability-to-asset ratio of 16.1%.