Shenzhen Kingdom Sci-Tech Co.,Ltd.’s Net Profit Dropped 27% in First Half of 2023

Shenzhen Kingdom Sci-Tech Co.,Ltd. (深圳市金证科技股份有限公司) (600446.SH) reported a net profit of 50.9 million yuan in the first half of 2023, down 27% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.