Apr 26, 2022 08:00 AM

Shenzhen Absen Optoelectronic Co.,Ltd. Posted 19.4 Million Yuan Net Profit in First Quarter of 2022

By Caixin Automation

Shenzhen Absen Optoelectronic Co.,Ltd. (深圳市艾比森光电股份有限公司) (300389.SZ) reported a net profit of 19.4 million yuan in the first quarter of 2022, reversing a net loss of 25.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 492.7 million yuan in revenue, up 34.4% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.

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