Dongguan Kingsun Optoelectronic Co.,Ltd. Posted 43.4 Million Yuan Net Profit in 2022

Dongguan Kingsun Optoelectronic Co.,Ltd. (东莞勤上光电股份有限公司) (002638.SZ) reported a net profit of 43.4 million yuan in 2022, reversing a net loss of 862.4 million yuan for the previous year.

Meanwhile, the company posted 567.2 million yuan in revenue, down 46% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 239.8 million yuan in total liabilities, with a liability-to-asset ratio of 8%.