Suzhou Hycan Holdings Co.,Ltd.’s Net Profit Dropped 71.9% in First Half of 2023

Suzhou Hycan Holdings Co.,Ltd. (苏州华源控股股份有限公司) (002787.SZ) reported a net profit of 10.5 million yuan in the first half of 2023, down 71.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.