Shenzhen Topway Video Communication Co.,Ltd.’s Net Profit Rose 7.2% in First Half of 2023

Shenzhen Topway Video Communication Co.,Ltd. (深圳市天威视讯股份有限公司) (002238.SZ) reported a net profit of 58.2 million yuan in the first half of 2023, up 7.2% year-on-year.

Meanwhile, the company posted 621.9 million yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.