Shanghai Friendess Electronic Technology Corporation Limited’s Net Profit Rose 51.1% in First Half of 2023

Shanghai Friendess Electronic Technology Corporation Limited (上海柏楚电子科技股份有限公司) (688188.SH) reported a net profit of 384.1 million yuan in the first half of 2023, up 51.1% year-on-year.

Meanwhile, the company posted 661.1 million yuan in revenue, up 61.7% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 179.7 million yuan in total liabilities, with a liability-to-asset ratio of 3.8%.