Shenzhen Fluence Technology Plc. Posted 40.5 Million Yuan Net Profit in First Half of 2022

Shenzhen Fluence Technology Plc. (深圳市超频三科技股份有限公司) (300647.SZ) reported a net profit of 40.5 million yuan in the first half of 2022, reversing a net loss of 2 million yuan for the same period in the previous year.

Meanwhile, the company posted 580.2 million yuan in revenue, up 144.5% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 908.6 million yuan in total liabilities, with a liability-to-asset ratio of 40.3%.