Phenix Optical Unit Receives 4.7-Million-Yuan Subsidy

MT Newswires Live12-22 19:03

Phenix Optical (SHA:600071) subsidiary Phoenix Intelligent Electronics Hangzhou on Dec. 19 received a government subsidy of 4.7 million yuan.

The income-related subsidy, accounting for 35% of the optical products manufacturer's 2024 attributable net profit, will be fully recognized as other income, according to a Saturday filing with the Shanghai bourse.

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