Shenzhen Australis Electronic Technology Co.,Ltd.’s Net Profit Dropped 54.5% in First Half of 2022

Shenzhen Australis Electronic Technology Co.,Ltd. (深圳市南极光电子科技股份有限公司) (300940.SZ) reported a net profit of 8.7 million yuan in the first half of 2022, down 54.5% year-on-year.

Meanwhile, the company posted 430 million yuan in revenue, down 23.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 577.3 million yuan in total liabilities, with a liability-to-asset ratio of 40.1%.