Greatoo Intelligent Equipment Inc.’s Net Profit Rose 53.8% in First Half of 2023

Greatoo Intelligent Equipment Inc. (巨轮智能装备股份有限公司) (002031.SZ) reported a net profit of 8.1 million yuan in the first half of 2023, up 53.8% year-on-year.

Meanwhile, the company posted 390.7 million yuan in revenue, down 22.4% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39%.