Shenzhen Fenda Technology Co.,Ltd.’s Net Profit Rose 130.2% in First Half of 2023

Shenzhen Fenda Technology Co.,Ltd. (深圳市奋达科技股份有限公司) (002681.SZ) reported a net profit of 147.4 million yuan in the first half of 2023, up 130.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 17.9% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.6%.