Sinoma Science&Technology Co.,Ltd.’s Net Profit Dropped 21.8% in First Half of 2023

Sinoma Science&Technology Co.,Ltd. (中材科技股份有限公司) (002080.SZ) reported a net profit of 1.6 billion yuan in the first half of 2023, down 21.8% year-on-year.

Meanwhile, the company posted 12.4 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 54.7 billion yuan in total assets and 29.2 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.