Wangli Security And Surveillance Product Co.,Ltd. Posted 47.2 Million Yuan Net Profit in First Half of 2023

Wangli Security And Surveillance Product Co.,Ltd. (王力安防科技股份有限公司) (605268.SH) reported a net profit of 47.2 million yuan in the first half of 2023, reversing a net loss of 13.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.