Zhejiang Shengyang Science And Technology Co.,Ltd.’s Net Profit Dropped 42.9% in First Half of 2023

Zhejiang Shengyang Science And Technology Co.,Ltd. (浙江盛洋科技股份有限公司) (603703.SH) reported a net profit of 10.5 million yuan in the first half of 2023, down 42.9% year-on-year.

Meanwhile, the company posted 352.1 million yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 56.5%.