Beijing Sifang Automation Co.,Ltd.’s Net Profit Rose 17.1% in First Half of 2023

Beijing Sifang Automation Co.,Ltd. (北京四方继保自动化股份有限公司) (601126.SH) reported a net profit of 355.9 million yuan in the first half of 2023, up 17.1% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 20% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51%.