Wangsu Science&Technology Co.,Ltd.’s Net Profit Rose 198% in First Half of 2023

Wangsu Science&Technology Co.,Ltd. (网宿科技股份有限公司) (300017.SZ) reported a net profit of 253.7 million yuan in the first half of 2023, up 198% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 12.7%.