Fujian Star-Net Communication Co.,Ltd.’s Net Profit Dropped 30.1% in First Half of 2023

Fujian Star-Net Communication Co.,Ltd. (福建星网锐捷通讯股份有限公司) (002396.SZ) reported a net profit of 324.2 million yuan in the first half of 2023, down 30.1% year-on-year.

Meanwhile, the company posted 7 billion yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 13.9 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.3%.