Gohigh Networks Co.,Ltd.’s Net Profit Dropped 97.1% in First Half of 2023

Gohigh Networks Co.,Ltd. (大唐高鸿网络股份有限公司) (000851.SZ) reported a net profit of 7.8 million yuan in the first half of 2023, down 97.1% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.