Piesat Information Technology Co.,Ltd.’s Net Profit Rose 28.2% in First Half of 2023

Piesat Information Technology Co.,Ltd. (航天宏图信息技术股份有限公司) (688066.SH) reported a net profit of 10.9 million yuan in the first half of 2023, up 28.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 31% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.