Opple Lighting Co.,Ltd.’s Net Profit Dropped 35.2% in First Half of 2022

Opple Lighting Co.,Ltd. (欧普照明股份有限公司) (603515.SH) reported a net profit of 287.1 million yuan in the first half of 2022, down 35.2% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 15.2% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.1%.