Shanghai Fortune Techgroup Co.,Ltd.’s Net Profit Dropped 40.5% in First Half of 2023

Shanghai Fortune Techgroup Co.,Ltd. (上海润欣科技股份有限公司) (300493.SZ) reported a net profit of 20.2 million yuan in the first half of 2023, down 40.5% year-on-year.

Meanwhile, the company posted 943.8 million yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 563.7 million yuan in total liabilities, with a liability-to-asset ratio of 34.7%.