Ningbo Donly Co.,Ltd.’s Net Profit Dropped 94.9% in First Half of 2023

Ningbo Donly Co.,Ltd. (宁波东力股份有限公司) (002164.SZ) reported a net profit of 20.7 million yuan in the first half of 2023, down 94.9% year-on-year.

Meanwhile, the company posted 721.9 million yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.1%.