Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Rose 21.1% in First Half of 2023

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 626.4 million yuan in the first half of 2023, up 21.1% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 8.2% year-on-year.

At the end of the reporting period, it had 31 billion yuan in total assets and 16.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.