Guangdong Lvtong New Energy Electric Vehicle Technology Co.,Ltd.’s Net Profit Dropped 1.2% in First Half of 2023

Guangdong Lvtong New Energy Electric Vehicle Technology Co.,Ltd. (广东绿通新能源电动车科技股份有限公司) (301322.SZ) reported a net profit of 141.6 million yuan in the first half of 2023, down 1.2% year-on-year.

Meanwhile, the company posted 590.7 million yuan in revenue, down 19.8% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 190.6 million yuan in total liabilities, with a liability-to-asset ratio of 6.2%.