Nanjing Xinlian Electronics Co.,Ltd.’s Net Profit Rose 307.7% in First Half of 2023

Nanjing Xinlian Electronics Co.,Ltd. (南京新联电子股份有限公司) (002546.SZ) reported a net profit of 109.6 million yuan in the first half of 2023, up 307.7% year-on-year.

Meanwhile, the company posted 278.8 million yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 347.6 million yuan in total liabilities, with a liability-to-asset ratio of 9.7%.