Shenzhen Transsion Holdings Co.,Ltd.’s Net Profit Rose 27.2% in First Half of 2023

Shenzhen Transsion Holdings Co.,Ltd. (深圳传音控股股份有限公司) (688036.SH) reported a net profit of 2.1 billion yuan in the first half of 2023, up 27.2% year-on-year.

Meanwhile, the company posted 25 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 39.1 billion yuan in total assets and 22.4 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.