Shengyi Technology Co.,Ltd.’s Net Profit Dropped 44.6% in First Half of 2023

Shengyi Technology Co.,Ltd. (广东生益科技股份有限公司) (600183.SH) reported a net profit of 549.8 million yuan in the first half of 2023, down 44.6% year-on-year.

Meanwhile, the company posted 7.9 billion yuan in revenue, down 15.9% year-on-year.

At the end of the reporting period, it had 24.3 billion yuan in total assets and 9.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.1%.