Hubei W-Olf Photoelectric Technology Co.,Ltd.’s Net Profit Dropped 22.2% in First Half of 2023

Hubei W-Olf Photoelectric Technology Co.,Ltd. (湖北五方光电股份有限公司) (002962.SZ) reported a net profit of 33.2 million yuan in the first half of 2023, down 22.2% year-on-year.

Meanwhile, the company posted 375.7 million yuan in revenue, down 29.5% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 160.1 million yuan in total liabilities, with a liability-to-asset ratio of 8.1%.