Wintao Communications Co.,Ltd.’s Net Profit Dropped 16.4% in First Half of 2023

Wintao Communications Co.,Ltd. (元道通信股份有限公司) (301139.SZ) reported a net profit of 39.5 million yuan in the first half of 2023, down 16.4% year-on-year.

Meanwhile, the company posted 846.4 million yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 648.7 million yuan in total liabilities, with a liability-to-asset ratio of 25.7%.