Foshan Golden Milky Way Intelligent Equipment Co.,Ltd.’s Net Profit Rose 189.8% in First Half of 2023

Foshan Golden Milky Way Intelligent Equipment Co.,Ltd. (佛山市金银河智能装备股份有限公司) (300619.SZ) reported a net profit of 55.1 million yuan in the first half of 2023, up 189.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 43.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.