Shenzhen Longood Intelligent Electric Co.,Ltd.’s Net Profit Dropped 20.7% in First Half of 2023

Shenzhen Longood Intelligent Electric Co.,Ltd. (深圳市朗科智能电气股份有限公司) (300543.SZ) reported a net profit of 31.8 million yuan in the first half of 2023, down 20.7% year-on-year.

Meanwhile, the company posted 652.5 million yuan in revenue, down 35.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 927.2 million yuan in total liabilities, with a liability-to-asset ratio of 45.3%.