Shenzhen Mtc Co.,Ltd.’s Net Profit Rose 40.5% in First Half of 2023

Shenzhen Mtc Co.,Ltd. (深圳市兆驰股份有限公司) (002429.SZ) reported a net profit of 769.7 million yuan in the first half of 2023, up 40.5% year-on-year.

Meanwhile, the company posted 7.7 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 27.6 billion yuan in total assets and 13.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.