Yangtze Optical Electronic Co.,Ltd.’s Net Profit Dropped 63.7% in First Half of 2023

Yangtze Optical Electronic Co.,Ltd. (武汉长盈通光电技术股份有限公司) (688143.SH) reported a net profit of 14.9 million yuan in the first half of 2023, down 63.7% year-on-year.

Meanwhile, the company posted 104.4 million yuan in revenue, down 28.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 129.4 million yuan in total liabilities, with a liability-to-asset ratio of 9.6%.