Innuovo Technology Co.,Ltd.’s Net Profit Dropped 48% in First Half of 2023

Innuovo Technology Co.,Ltd. (英洛华科技股份有限公司) (000795.SZ) reported a net profit of 57.2 million yuan in the first half of 2023, down 48% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 17.9% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48%.