Shenzhen New Land Tool Planning&Architectural Design Co.,Ltd.’s Net Profit Dropped 47.9% in First Half of 2023

Shenzhen New Land Tool Planning&Architectural Design Co.,Ltd. (深圳市新城市规划建筑设计股份有限公司) (300778.SZ) reported a net profit of 18.5 million yuan in the first half of 2023, down 47.9% year-on-year.

Meanwhile, the company posted 186 million yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 291.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.7%.