Foshan Nationstar Optoelectronics Co.,Ltd.’s Net Profit Dropped 37.5% in First Half of 2023

Foshan Nationstar Optoelectronics Co.,Ltd. (佛山市国星光电股份有限公司) (002449.SZ) reported a net profit of 53.8 million yuan in the first half of 2023, down 37.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.