Shenzhen Gongjin Electronics Co.,Ltd.’s Net Profit Rose 2.9% in First Half of 2023

Shenzhen Gongjin Electronics Co.,Ltd. (深圳市共进电子股份有限公司) (603118.SH) reported a net profit of 196.3 million yuan in the first half of 2023, up 2.9% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 46.3%.