Shenzhen Sed Industry Co.,Ltd.’s Net Profit Rose 123.8% in First Half of 2023

Shenzhen Sed Industry Co.,Ltd. (深圳市桑达实业股份有限公司) (000032.SZ) reported a net profit of 112.2 million yuan in the first half of 2023, up 123.8% year-on-year.

Meanwhile, the company posted 26.7 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 57.8 billion yuan in total assets and 46.6 billion yuan in total liabilities, with a liability-to-asset ratio of 80.7%.