Lingyi Itech(Guangdong) Company’s Net Profit Rose 159.5% in First Half of 2023

Lingyi Itech(Guangdong) Company (广东领益智造股份有限公司) (002600.SZ) reported a net profit of 1.2 billion yuan in the first half of 2023, up 159.5% year-on-year.

Meanwhile, the company posted 15.3 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 36.3 billion yuan in total assets and 18.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.