Net263 Ltd.’s Net Profit Rose 68% in First Half of 2023

Net263 Ltd. (二六三网络通信股份有限公司) (002467.SZ) reported a net profit of 70.5 million yuan in the first half of 2023, up 68% year-on-year.

Meanwhile, the company posted 427.5 million yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 418.4 million yuan in total liabilities, with a liability-to-asset ratio of 15.8%.