Inspur Electronic Information Industry Co.,Ltd.’s Net Profit Dropped 66.7% in First Half of 2023

Inspur Electronic Information Industry Co.,Ltd. (浪潮电子信息产业股份有限公司) (000977.SZ) reported a net profit of 312 million yuan in the first half of 2023, down 66.7% year-on-year.

Meanwhile, the company posted 24.8 billion yuan in revenue, down 28.8% year-on-year.

At the end of the reporting period, it had 48.2 billion yuan in total assets and 30.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63%.