Nanning Baling Technology Co.,Ltd.’s Net Profit Rose 41.2% in First Half of 2023

Nanning Baling Technology Co.,Ltd. (南宁八菱科技股份有限公司) (002592.SZ) reported a net profit of 14.9 million yuan in the first half of 2023, up 41.2% year-on-year.

Meanwhile, the company posted 194.4 million yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 422.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.5%.