Fspg Hi-Tech Co.,Ltd.’s Net Profit Dropped 31% in First Half of 2023

Fspg Hi-Tech Co.,Ltd. (佛山佛塑科技集团股份有限公司) (000973.SZ) reported a net profit of 64 million yuan in the first half of 2023, down 31% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 26%.