Hangzhou Xzb Tech Co.,Ltd.’s Net Profit Rose 33.3% in First Half of 2023

Hangzhou Xzb Tech Co.,Ltd. (杭州新坐标科技股份有限公司) (603040.SH) reported a net profit of 94.1 million yuan in the first half of 2023, up 33.3% year-on-year.

Meanwhile, the company posted 272.6 million yuan in revenue, up 35.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 138.7 million yuan in total liabilities, with a liability-to-asset ratio of 10.3%.