Shanghai Broadband Technology Co.,Ltd.’s Net Profit Dropped 73.9% in First Half of 2023

Shanghai Broadband Technology Co.,Ltd. (上海宽频科技股份有限公司) (600608.SH) reported a net profit of 1.2 million yuan in the first half of 2023, down 73.9% year-on-year.

Meanwhile, the company posted 125.2 million yuan in revenue, down 36.1% year-on-year.

At the end of the reporting period, it had 157.8 million yuan in total assets and 85.7 million yuan in total liabilities, with a liability-to-asset ratio of 54.3%.