Allwin Telecommunication Co.,Ltd. Posted 11.9 Million Yuan Net Profit in First Half of 2023

Allwin Telecommunication Co.,Ltd. (奥维通信股份有限公司) (002231.SZ) reported a net profit of 11.9 million yuan in the first half of 2023, reversing a net loss of 4.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 78.5 million yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 522.3 million yuan in total assets and 160.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.8%.