Zhitong Financial App News, New Hongtai (603016.SH) released its semi-annual report for 2023. During the reporting period, the company realized operating income of 322 million yuan, an increase of 9.60% over the same period last year. Net profit belonging to shareholders of listed companies was 34.4705 million yuan, up 20.23% over the same period last year. Net profit belonging to shareholders of listed companies excluding non-recurring profits and losses was 32.2393 million yuan, up 22.75% over the same period last year. Basic earnings per share is 0.23 yuan per share.

The net cash flow generated by the company's operating activities during the reporting period increased by 141.58% compared with the same period last year, mainly due to the increase in cash received from sales revenue in the current period and the decrease in cash paid for the purchase of raw materials.