Jiangsu Beiren Smart Manufacturing Technology Co.,Ltd. Posted 31.7 Million Yuan Net Profit in First Half of 2023

Jiangsu Beiren Smart Manufacturing Technology Co.,Ltd. (江苏北人智能制造科技股份有限公司) (688218.SH) reported a net profit of 31.7 million yuan in the first half of 2023, reversing a net loss of 6.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 397.8 million yuan in revenue, up 172.1% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 749.3 million yuan in total liabilities, with a liability-to-asset ratio of 45.6%.