Shenzhen Absen Optoelectronic Co.,Ltd.’s Net Profit Rose 583.9% in 2022

Shenzhen Absen Optoelectronic Co.,Ltd. (深圳市艾比森光电股份有限公司) (300389.SZ) reported a net profit of 203.6 million yuan in 2022, up 583.9% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.