Nanjing Aolian Ae&Ea Co.,Ltd.’s Net Profit Dropped 65.1% in First Half of 2023

Nanjing Aolian Ae&Ea Co.,Ltd. (南京奥联汽车电子电器股份有限公司) (300585.SZ) reported a net profit of 7 million yuan in the first half of 2023, down 65.1% year-on-year.

Meanwhile, the company posted 237 million yuan in revenue, up 38% year-on-year.

At the end of the reporting period, it had 935.6 million yuan in total assets and 201 million yuan in total liabilities, with a liability-to-asset ratio of 21.5%.