Xiamen Faratronic Co.,Ltd.’s Net Profit Rose 12.3% in First Half of 2023

Xiamen Faratronic Co.,Ltd. (厦门法拉电子股份有限公司) (600563.SH) reported a net profit of 493.3 million yuan in the first half of 2023, up 12.3% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 11.8% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 24.9%.