Fibocom Wireless Inc.’s Net Profit Rose 0.6% in First Half of 2022

Fibocom Wireless Inc. (深圳市广和通无线股份有限公司) (300638.SZ) reported a net profit of 203.8 million yuan in the first half of 2022, up 0.6% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 32.7% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.