Shenzhen Absen Optoelectronic Co.,Ltd.’s Net Profit Rose 73.7% in First Half of 2023

Shenzhen Absen Optoelectronic Co.,Ltd. (深圳市艾比森光电股份有限公司) (300389.SZ) reported a net profit of 141.8 million yuan in the first half of 2023, up 73.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 44.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.