Zhejiang Huangma Technology Co.,Ltd.’s Net Profit Dropped 49.4% in First Half of 2023

Zhejiang Huangma Technology Co.,Ltd. (浙江皇马科技股份有限公司) (603181.SH) reported a net profit of 150.2 million yuan in the first half of 2023, down 49.4% year-on-year.

Meanwhile, the company posted 896.9 million yuan in revenue, down 27.1% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 704.2 million yuan in total liabilities, with a liability-to-asset ratio of 21.4%.