Shenzhen Zhenye(Group) Co.,Ltd.’s Net Profit Dropped 97.1% in First Half of 2023

Shenzhen Zhenye(Group) Co.,Ltd. (深圳市振业(集团)股份有限公司) (000006.SZ) reported a net profit of 6.9 million yuan in the first half of 2023, down 97.1% year-on-year.

Meanwhile, the company posted 576.1 million yuan in revenue, down 57.5% year-on-year.

At the end of the reporting period, it had 27.8 billion yuan in total assets and 19.4 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.