Tianshui Huatian Technology Co.,Ltd.’s Net Profit Dropped 89.5% in First Half of 2023

Tianshui Huatian Technology Co.,Ltd. (天水华天科技股份有限公司) (002185.SZ) reported a net profit of 75.2 million yuan in the first half of 2023, down 89.5% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 32 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.