Suzhou Maxwell Technologies Co.,Ltd.’s Net Profit Rose 2% in First Half of 2023

Suzhou Maxwell Technologies Co.,Ltd. (苏州迈为科技股份有限公司) (300751.SZ) reported a net profit of 392.2 million yuan in the first half of 2023, up 2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 63% year-on-year.

At the end of the reporting period, it had 20.4 billion yuan in total assets and 13.8 billion yuan in total liabilities, with a liability-to-asset ratio of 67.7%.