Shenzhen Fluence Technology Plc. Posted 67.3 Million Yuan Net Loss in First Half of 2023

Shenzhen Fluence Technology Plc. (深圳市超频三科技股份有限公司) (300647.SZ) reported a net loss of 67.3 million yuan in the first half of 2023, reversing a net profit of 40.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 347.6 million yuan in revenue, down 40.1% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.6%.