Wuhan Raycus Fiber Laser Technologies Co.,Ltd.’s Net Profit Rose 307.4% in First Half of 2023

Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (武汉锐科光纤激光技术股份有限公司) (300747.SZ) reported a net profit of 116.7 million yuan in the first half of 2023, up 307.4% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.