Brother Enterprises Holding Co.,Ltd.’s Net Profit Dropped 80.5% in First Half of 2023

Brother Enterprises Holding Co.,Ltd. (兄弟科技股份有限公司) (002562.SZ) reported a net profit of 44.9 million yuan in the first half of 2023, down 80.5% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.