Appotronics Corporation Limited’s Net Profit Rose 113.2% in First Half of 2023

Appotronics Corporation Limited (深圳光峰科技股份有限公司) (688007.SH) reported a net profit of 39.5 million yuan in the first half of 2023, up 113.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 15.4% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 36.5%.