Shenzhen Absen Optoelectronic Co.,Ltd. Posted 81.6 Million Yuan Net Profit in First Half of 2022

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 81.6 million yuan in the first half of 2022, reversing a net loss of 38.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 30.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46.3%.