Wuhan Fingu Electronic Technology Co.,Ltd.’s Net Profit Dropped 58% in First Half of 2023

Wuhan Fingu Electronic Technology Co.,Ltd. (武汉凡谷电子技术股份有限公司) (002194.SZ) reported a net profit of 79.5 million yuan in the first half of 2023, down 58% year-on-year.

Meanwhile, the company posted 933.5 million yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 572.3 million yuan in total liabilities, with a liability-to-asset ratio of 18.2%.