Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Rose 42.6% in First Half of 2023

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 81.1 million yuan in the first half of 2023, up 42.6% year-on-year.

Meanwhile, the company posted 600.3 million yuan in revenue, up 44.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 813.8 million yuan in total liabilities, with a liability-to-asset ratio of 32.7%.