Baosheng Science And Technology Innovation Co.,Ltd. Posted 72 Million Yuan Net Profit in First Half of 2023

Baosheng Science And Technology Innovation Co.,Ltd. (宝胜科技创新股份有限公司) (600973.SH) reported a net profit of 72 million yuan in the first half of 2023, reversing a net loss of 17.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 22.2 billion yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 23.2 billion yuan in total assets and 18.2 billion yuan in total liabilities, with a liability-to-asset ratio of 78.5%.