Svg Tech Group Co.,Ltd. Posted 3.8 Million Yuan Net Profit in First Half of 2023

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net profit of 3.8 million yuan in the first half of 2023, reversing a net loss of 6.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 788.2 million yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.