Kuangda Technology Group Co.,Ltd.’s Net Profit Dropped 25.8% in First Half of 2023

Kuangda Technology Group Co.,Ltd. (旷达科技集团股份有限公司) (002516.SZ) reported a net profit of 75.3 million yuan in the first half of 2023, down 25.8% year-on-year.

Meanwhile, the company posted 764.6 million yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 566.5 million yuan in total liabilities, with a liability-to-asset ratio of 13.8%.