Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd.’s Net Profit Rose 143.6% in First Half of 2023

Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd. (无锡宏盛换热器制造股份有限公司) (603090.SH) reported a net profit of 39.5 million yuan in the first half of 2023, up 143.6% year-on-year.

Meanwhile, the company posted 339.4 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 832.4 million yuan in total assets and 273.8 million yuan in total liabilities, with a liability-to-asset ratio of 32.9%.