Zhejiang Double Arrow Rubber Co.,Ltd.’s Net Profit Rose 77.5% in First Half of 2023

Zhejiang Double Arrow Rubber Co.,Ltd. (浙江双箭橡胶股份有限公司) (002381.SZ) reported a net profit of 102.3 million yuan in the first half of 2023, up 77.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.