Ningbo Techmation Co.,Ltd.’s Net Profit Dropped 30% in First Half of 2023

Ningbo Techmation Co.,Ltd. (宁波弘讯科技股份有限公司) (603015.SH) reported a net profit of 24.5 million yuan in the first half of 2023, down 30% year-on-year.

Meanwhile, the company posted 375.2 million yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 739.7 million yuan in total liabilities, with a liability-to-asset ratio of 35.4%.