Suzhou Hesheng Special Material Co.,Ltd.’s Net Profit Rose 20.2% in First Half of 2023

Suzhou Hesheng Special Material Co.,Ltd. (苏州禾盛新型材料股份有限公司) (002290.SZ) reported a net profit of 56.6 million yuan in the first half of 2023, up 20.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 940.9 million yuan in total liabilities, with a liability-to-asset ratio of 58.5%.