Cybrid Technologies Inc.’s Net Profit Dropped 71.4% in First Half of 2023

Cybrid Technologies Inc. (苏州赛伍应用技术股份有限公司) (603212.SH) reported a net profit of 50.1 million yuan in the first half of 2023, down 71.4% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.