Foxconn Industrial Internet Co.,Ltd.’s Net Profit Rose 4% in First Half of 2023

Foxconn Industrial Internet Co.,Ltd. (富士康工业互联网股份有限公司) (601138.SH) reported a net profit of 7.2 billion yuan in the first half of 2023, up 4% year-on-year.

Meanwhile, the company posted 206.8 billion yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 268.2 billion yuan in total assets and 141.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.