Iat Automobile Technology Co.,Ltd.’s Net Profit Dropped 5.1% in First Half of 2023

Iat Automobile Technology Co.,Ltd. (阿尔特汽车技术股份有限公司) (300825.SZ) reported a net profit of 64.1 million yuan in the first half of 2023, down 5.1% year-on-year.

Meanwhile, the company posted 496.5 million yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 803 million yuan in total liabilities, with a liability-to-asset ratio of 24.4%.