China Aerospace Times Electronics Co.,Ltd.’s Net Profit Rose 8.7% in First Half of 2023

China Aerospace Times Electronics Co.,Ltd. (航天时代电子技术股份有限公司) (600879.SH) reported a net profit of 402.2 million yuan in the first half of 2023, up 8.7% year-on-year.

Meanwhile, the company posted 9.6 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 47.2 billion yuan in total assets and 27.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.