Ningbo Lehui International Engineering Equipment Co.,Ltd.’s Net Profit Dropped 22.5% in First Half of 2023

Ningbo Lehui International Engineering Equipment Co.,Ltd. (宁波乐惠国际工程装备股份有限公司) (603076.SH) reported a net profit of 31.2 million yuan in the first half of 2023, down 22.5% year-on-year.

Meanwhile, the company posted 841.4 million yuan in revenue, up 34.6% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.