Aa Industrial Belting(Shanghai) Co.,Ltd.’s Net Profit Rose 19.3% in First Half of 2023

Aa Industrial Belting(Shanghai) Co.,Ltd. (艾艾精密工业输送系统(上海)股份有限公司) (603580.SH) reported a net profit of 1.7 million yuan in the first half of 2023, up 19.3% year-on-year.

Meanwhile, the company posted 71.4 million yuan in revenue, down 18.5% year-on-year.

At the end of the reporting period, it had 518.3 million yuan in total assets and 61.8 million yuan in total liabilities, with a liability-to-asset ratio of 11.9%.