Suzhou Harmontronics Automation Technology Co.,Ltd.’s Net Profit Dropped 9% in First Half of 2023

Suzhou Harmontronics Automation Technology Co.,Ltd. (苏州瀚川智能科技股份有限公司) (688022.SH) reported a net profit of 43.5 million yuan in the first half of 2023, down 9% year-on-year.

Meanwhile, the company posted 713.8 million yuan in revenue, up 96.6% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.3%.