Duolun Technology Corporation Ltd.’s Net Profit Dropped 66.6% in First Half of 2023

Duolun Technology Corporation Ltd. (多伦科技股份有限公司) (603528.SH) reported a net profit of 7.8 million yuan in the first half of 2023, down 66.6% year-on-year.

Meanwhile, the company posted 289.6 million yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 40.4%.