Guangdong Kingstrong Technology Co.,Ltd.’s Net Profit Rose 17.2% in First Half of 2023

Guangdong Kingstrong Technology Co.,Ltd. (广东新劲刚科技股份有限公司) (300629.SZ) reported a net profit of 78.6 million yuan in the first half of 2023, up 17.2% year-on-year.

Meanwhile, the company posted 254.3 million yuan in revenue, up 27.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 346.1 million yuan in total liabilities, with a liability-to-asset ratio of 20.5%.