Shenzhen Fenda Technology Co.,Ltd. Posted 64 Million Yuan Net Profit in First Half of 2022

Shenzhen Fenda Technology Co.,Ltd. (深圳市奋达科技股份有限公司) (002681.SZ) reported a net profit of 64 million yuan in the first half of 2022, reversing a net loss of 148.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 9.3% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.