Bestechnic(Shanghai) Co.,Ltd.’s Net Profit Dropped 39.3% in First Half of 2023

Bestechnic(Shanghai) Co.,Ltd. (恒玄科技(上海)股份有限公司) (688608.SH) reported a net profit of 49.3 million yuan in the first half of 2023, down 39.3% year-on-year.

Meanwhile, the company posted 910.1 million yuan in revenue, up 32.4% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 303.8 million yuan in total liabilities, with a liability-to-asset ratio of 4.8%.