Shanghai Action Education Technology Co.,Ltd.’s Net Profit Rose 110.1% in First Half of 2023

Shanghai Action Education Technology Co.,Ltd. (上海行动教育科技股份有限公司) (605098.SH) reported a net profit of 105.1 million yuan in the first half of 2023, up 110.1% year-on-year.

Meanwhile, the company posted 288.1 million yuan in revenue, up 43.1% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.