Dbappsecurity Co.,Ltd. Posted 413.8 Million Yuan Net Loss in First Half of 2023

Dbappsecurity Co.,Ltd. (杭州安恒信息技术股份有限公司) (688023.SH) reported a net loss of 413.8 million yuan in the first half of 2023, widening 11.1% year-on-year.

Meanwhile, the company posted 695.6 million yuan in revenue, up 30.1% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.