Shenzhen Fluence Technology Plc. Posted 42.1 Million Yuan Net Profit in First Three Quarters 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 42.1 million yuan in the first three quarters of 2022, reversing a net loss of 24.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 820.9 million yuan in revenue, up 126.7% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 893 million yuan in total liabilities, with a liability-to-asset ratio of 39.8%.