United Optoelectronics released its first half performance report, with net profit down 27.67% year-on-year

United Optoelectronics (300691.SZ) released its first half performance report on August 28, which showed that it achieved revenue of 848 million yuan, a year-on-year increase of 5.75% and net profit of 28.25 million yuan, a year-on-year decrease of 27.67%. Although United Optoelectronics' business lines run through many popular fields such as security, automobiles, and XR, it has still not been able to break the bottleneck of large-scale growth.