Fiberhome Telecommunication Technologies Co.,Ltd.’s Net Profit Rose 40.6% in First Quarter of 2023

Fiberhome Telecommunication Technologies Co.,Ltd. (烽火通信科技股份有限公司) (600498.SH) reported a net profit of 36.6 million yuan in the first quarter of 2023, up 40.6% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 10.1% year-on-year.

At the end of the reporting period, it had 38.7 billion yuan in total assets and 25.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.