Guangdong Silver Age Sci&Tech Co.,Ltd. Posted 16.6 Million Yuan Net Profit in First Half of 2023

Guangdong Silver Age Sci&Tech Co.,Ltd. (广东银禧科技股份有限公司) (300221.SZ) reported a net profit of 16.6 million yuan in the first half of 2023, reversing a net loss of 11.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 761.6 million yuan in revenue, down 19.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 480.3 million yuan in total liabilities, with a liability-to-asset ratio of 27%.