Hangzhou Zhongtai Cryogenic Technology Corporation’s Net Profit Rose 32.7% in First Half of 2023

Hangzhou Zhongtai Cryogenic Technology Corporation (杭州中泰深冷技术股份有限公司) (300435.SZ) reported a net profit of 183.4 million yuan in the first half of 2023, up 32.7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.