Hangzhou Radical Energy Saving Technology Co.,Ltd.’s Net Profit Rose 1.7% in First Half of 2023

Hangzhou Radical Energy Saving Technology Co.,Ltd. (杭州雷迪克节能科技股份有限公司) (300652.SZ) reported a net profit of 53.7 million yuan in the first half of 2023, up 1.7% year-on-year.

Meanwhile, the company posted 286.8 million yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 276.2 million yuan in total liabilities, with a liability-to-asset ratio of 18%.