Shenzhen Aoto Electronics Co.,Ltd.’s Net Profit Rose 202% in First Half of 2023

Shenzhen Aoto Electronics Co.,Ltd. (深圳市奥拓电子股份有限公司) (002587.SZ) reported a net profit of 17.7 million yuan in the first half of 2023, up 202% year-on-year.

Meanwhile, the company posted 321.9 million yuan in revenue, down 19.2% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 613.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.3%.