Cwb Automotive Electronics Co.,Ltd.’s Net Profit Rose 26.2% in First Half of 2023

Cwb Automotive Electronics Co.,Ltd. (合兴汽车电子股份有限公司) (605005.SH) reported a net profit of 91.4 million yuan in the first half of 2023, up 26.2% year-on-year.

Meanwhile, the company posted 728 million yuan in revenue, up 13% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 411.2 million yuan in total liabilities, with a liability-to-asset ratio of 20.2%.