Guangzhou Wahlap Technology Corporation Limited’s Net Profit Rose 504.4% in First Half of 2023

Guangzhou Wahlap Technology Corporation Limited (广州华立科技股份有限公司) (301011.SZ) reported a net profit of 17.5 million yuan in the first half of 2023, up 504.4% year-on-year.

Meanwhile, the company posted 361.3 million yuan in revenue, up 40.5% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 464.7 million yuan in total liabilities, with a liability-to-asset ratio of 41.4%.