Meig Smart Technology Co.,Ltd.’s Net Profit Dropped 43.7% in First Half of 2023

Meig Smart Technology Co.,Ltd. (美格智能技术股份有限公司) (002881.SZ) reported a net profit of 48.3 million yuan in the first half of 2023, down 43.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 711.3 million yuan in total liabilities, with a liability-to-asset ratio of 33%.