Ningbo Solartron Technology Co.,Ltd.’s Net Profit Dropped 24.6% in First Half of 2023

Ningbo Solartron Technology Co.,Ltd. (宁波长阳科技股份有限公司) (688299.SH) reported a net profit of 60.7 million yuan in the first half of 2023, down 24.6% year-on-year.

Meanwhile, the company posted 563.5 million yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.