Zhejiang Southeast Space Frame Co.,Ltd.’s Net Profit Dropped 25% in First Half of 2023

Zhejiang Southeast Space Frame Co.,Ltd. (浙江东南网架股份有限公司) (002135.SZ) reported a net profit of 223.5 million yuan in the first half of 2023, down 25% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, up 8% year-on-year.

At the end of the reporting period, it had 19.1 billion yuan in total assets and 12.7 billion yuan in total liabilities, with a liability-to-asset ratio of 66.8%.