Suzhou New Sea Union Telecom Technology Co.,Ltd.’s Net Profit Dropped 38.1% in First Half of 2023

Suzhou New Sea Union Telecom Technology Co.,Ltd. (新海宜科技集团股份有限公司) (002089.SZ) reported a net profit of 8.9 million yuan in the first half of 2023, down 38.1% year-on-year.

Meanwhile, the company posted 61.5 million yuan in revenue, down 36.3% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 790.9 million yuan in total liabilities, with a liability-to-asset ratio of 44.5%.