Shenzhen Fenda Technology Co.,Ltd. Posted 74.8 Million Yuan Net Profit in 2022

Shenzhen Fenda Technology Co.,Ltd. (深圳市奋达科技股份有限公司) (002681.SZ) reported a net profit of 74.8 million yuan in 2022, reversing a net loss of 2 million yuan for the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 29.4% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.