Shenzhen Inovance Technology Co.,Ltd.’s Net Profit Rose 4.8% in First Half of 2023

Shenzhen Inovance Technology Co.,Ltd. (深圳市汇川技术股份有限公司) (300124.SZ) reported a net profit of 2.1 billion yuan in the first half of 2023, up 4.8% year-on-year.

Meanwhile, the company posted 12.5 billion yuan in revenue, up 19.8% year-on-year.

At the end of the reporting period, it had 40.4 billion yuan in total assets and 18.9 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.