Shanghai Beite Technology Co.,Ltd.’s Net Profit Dropped 28.8% in First Half of 2023

Shanghai Beite Technology Co.,Ltd. (上海北特科技股份有限公司) (603009.SH) reported a net profit of 18 million yuan in the first half of 2023, down 28.8% year-on-year.

Meanwhile, the company posted 850.8 million yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.