Shanghai Huace Navigation Technology Co.,Ltd.’s Net Profit Rose 30.8% in First Half of 2023

Shanghai Huace Navigation Technology Co.,Ltd. (上海华测导航技术股份有限公司) (300627.SZ) reported a net profit of 171.6 million yuan in the first half of 2023, up 30.8% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 30.1% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.6%.