Ocean'S King Lighting Science&Technology Co.,Ltd.’s Net Profit Dropped 1.7% in First Half of 2023

Ocean"S King Lighting Science&Technology Co.,Ltd. (海洋王照明科技股份有限公司) (002724.SZ) reported a net profit of 86.1 million yuan in the first half of 2023, down 1.7% year-on-year.

Meanwhile, the company posted 839.4 million yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 731.3 million yuan in total liabilities, with a liability-to-asset ratio of 18.9%.