Sangfor Technologies Inc. Posted 553.6 Million Yuan Net Loss in First Half of 2023

Sangfor Technologies Inc. (深信服科技股份有限公司) (300454.SZ) reported a net loss of 553.6 million yuan in the first half of 2023, narrowing 19.7% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 12 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36%.