Nexwise Intelligence China Limited’s Net Profit Dropped 49% in First Half of 2023

Nexwise Intelligence China Limited (杰创智能科技股份有限公司) (301248.SZ) reported a net profit of 19.5 million yuan in the first half of 2023, down 49% year-on-year.

Meanwhile, the company posted 417.3 million yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 694.4 million yuan in total liabilities, with a liability-to-asset ratio of 30.1%.