Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. Posted 1.4 Million Yuan Net Profit in First Half of 2023

Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. (上海霍普建筑设计事务所股份有限公司) (301024.SZ) reported a net profit of 1.4 million yuan in the first half of 2023, reversing a net loss of 52.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 95.9 million yuan in revenue, up 54% year-on-year.

At the end of the reporting period, it had 809.9 million yuan in total assets and 143.4 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.