New Huadu Technology Co.,Ltd.’s Net Profit Dropped 55% in First Half of 2023

New Huadu Technology Co.,Ltd. (新华都科技股份有限公司) (002264.SZ) reported a net profit of 98.8 million yuan in the first half of 2023, down 55% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 27% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 671.9 million yuan in total liabilities, with a liability-to-asset ratio of 30%.