Shandong Hiking International Co.,Ltd.’s Net Profit Dropped 7.1% in First Half of 2023

Shandong Hiking International Co.,Ltd. (山东新华锦国际股份有限公司) (600735.SH) reported a net profit of 58.2 million yuan in the first half of 2023, down 7.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 21.5% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 695.1 million yuan in total liabilities, with a liability-to-asset ratio of 30.1%.