Suntront Technology Co.,Ltd.’s Net Profit Dropped 23.7% in First Half of 2023

Suntront Technology Co.,Ltd. (新天科技股份有限公司) (300259.SZ) reported a net profit of 92.2 million yuan in the first half of 2023, down 23.7% year-on-year.

Meanwhile, the company posted 436.7 million yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 505.1 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.