Guangdong Chaohua Technology Co.,Ltd.’s Net Profit Dropped 70.7% in First Half of 2023

Guangdong Chaohua Technology Co.,Ltd. (广东超华科技股份有限公司) (002288.SZ) reported a net profit of 9 million yuan in the first half of 2023, down 70.7% year-on-year.

Meanwhile, the company posted 635.3 million yuan in revenue, down 40.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 54.8%.