Ob Telecom Electronics Co.,Ltd. Posted 2.8 Million Yuan Net Profit in 2022

Ob Telecom Electronics Co.,Ltd. (杭州中威电子股份有限公司) (300270.SZ) reported a net profit of 2.8 million yuan in 2022, reversing a net loss of 51.6 million yuan for the previous year.

Meanwhile, the company posted 353.6 million yuan in revenue, up 45.5% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 329.1 million yuan in total liabilities, with a liability-to-asset ratio of 30.3%.