Hangzhou Innover Technology Co.,Ltd.’s Net Profit Dropped 76.3% in First Half of 2021

Hangzhou Innover Technology Co.,Ltd. (杭州先锋电子技术股份有限公司) (002767.SZ) reported a net profit of 1.6 million yuan in the first half of 2021, down 76.3% year-on-year.

Meanwhile, the company posted 172.3 million yuan in revenue, up 26% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 208.9 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.