Dongguan Huali Industries Co.,Ltd.’s Net Profit Rose 361.7% in First Three Quarters of 2023

Dongguan Huali Industries Co.,Ltd. (东莞市华立实业股份有限公司) (603038.SH) reported a net profit of 37.7 million yuan in the first three quarters of 2023, up 361.7% year-on-year.

Meanwhile, the company posted 574.3 million yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 667.4 million yuan in total liabilities, with a liability-to-asset ratio of 32.4%.