Qtone Education Group(Guangdong) Co.,Ltd.’s Net Profit Rose 76.9% in First Half of 2023

Qtone Education Group(Guangdong) Co.,Ltd. (全通教育集团(广东)股份有限公司) (300359.SZ) reported a net profit of 13.2 million yuan in the first half of 2023, up 76.9% year-on-year.

Meanwhile, the company posted 292.3 million yuan in revenue, up 19.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 252.1 million yuan in total liabilities, with a liability-to-asset ratio of 23.7%.