Yealink Network Technology Corporation Limited’s Net Profit Dropped 9.4% in First Half of 2023

Yealink Network Technology Corporation Limited (厦门亿联网络技术股份有限公司) (300628.SZ) reported a net profit of 1 billion yuan in the first half of 2023, down 9.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 735.5 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.