Fujian Super Tech Advanced Material Co.,Ltd.’s Net Profit Rose 86.8% in First Half of 2023

Fujian Super Tech Advanced Material Co.,Ltd. (福建赛特新材股份有限公司) (688398.SH) reported a net profit of 41.5 million yuan in the first half of 2023, up 86.8% year-on-year.

Meanwhile, the company posted 353.9 million yuan in revenue, up 15.9% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 269.3 million yuan in total liabilities, with a liability-to-asset ratio of 21.8%.