Hubei Chaozhuo Aviation Technology Co.,Ltd.’s Net Profit Dropped 24.5% in First Half of 2023

Hubei Chaozhuo Aviation Technology Co.,Ltd. (湖北超卓航空科技股份有限公司) (688237.SH) reported a net profit of 27.5 million yuan in the first half of 2023, down 24.5% year-on-year.

Meanwhile, the company posted 115.1 million yuan in revenue, up 55.6% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 144.6 million yuan in total liabilities, with a liability-to-asset ratio of 9.9%.