Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Rose 6.5% in First Half of 2022

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 517.4 million yuan in the first half of 2022, up 6.5% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, up 46.9% year-on-year.

At the end of the reporting period, it had 24.7 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.