Universal Scientific Industrial(Shanghai) Co.,Ltd.’s Net Profit Dropped 29.3% in First Half of 2023

Universal Scientific Industrial(Shanghai) Co.,Ltd. (环旭电子股份有限公司) (601231.SH) reported a net profit of 767.3 million yuan in the first half of 2023, down 29.3% year-on-year.

Meanwhile, the company posted 26.9 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 37.5 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.8%.