Phenix Optics Company Limited Posted 9.6 Million Yuan Net Profit in First Half of 2021

Phenix Optics Company Limited (凤凰光学股份有限公司) (600071.SH) reported a net profit of 9.6 million yuan in the first half of 2021, reversing a net loss of 5.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 731 million yuan in revenue, up 50.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.8%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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