Zhongyan Technology Co.,Ltd. Posted 2.7 Million Yuan Net Profit in First Half of 2023

Zhongyan Technology Co.,Ltd. (北京中岩大地科技股份有限公司) (003001.SZ) reported a net profit of 2.7 million yuan in the first half of 2023, reversing a net loss of 23.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 457.9 million yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 876 million yuan in total liabilities, with a liability-to-asset ratio of 42.6%.