Focus Lightings Tech Co.,Ltd.’s Net Profit Dropped 41.6% in First Half of 2023

Focus Lightings Tech Co.,Ltd. (聚灿光电科技股份有限公司) (300708.SZ) reported a net profit of 25.1 million yuan in the first half of 2023, down 41.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.9%.