Fibocom Wireless Inc.’s Net Profit Rose 48.5% in First Half of 2023

Fibocom Wireless Inc. (深圳市广和通无线股份有限公司) (300638.SZ) reported a net profit of 302.7 million yuan in the first half of 2023, up 48.5% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 59.9% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.