Beijing Compass Technology Development Co.,Ltd.’s Net Profit Dropped 94.3% in First Half of 2023

Beijing Compass Technology Development Co.,Ltd. (北京指南针科技发展股份有限公司) (300803.SZ) reported a net profit of 18.4 million yuan in the first half of 2023, down 94.3% year-on-year.

Meanwhile, the company posted 463.5 million yuan in revenue, down 43.7% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.