Guoguang Electric Company Limited’s Net Profit Rose 3% in First Half of 2023

Guoguang Electric Company Limited (国光电器股份有限公司) (002045.SZ) reported a net profit of 64.5 million yuan in the first half of 2023, up 3% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.