Leader Harmonious Drive Systems Co.,Ltd.’s Net Profit Dropped 44.1% in First Half of 2023

Leader Harmonious Drive Systems Co.,Ltd. (苏州绿的谐波传动科技股份有限公司) (688017.SH) reported a net profit of 51.4 million yuan in the first half of 2023, down 44.1% year-on-year.

Meanwhile, the company posted 171.6 million yuan in revenue, down 29.5% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 454.1 million yuan in total liabilities, with a liability-to-asset ratio of 18.7%.