Suzhou Hyc Technology Co.,Ltd.’s Net Profit Dropped 23.9% in First Half of 2023

Suzhou Hyc Technology Co.,Ltd. (苏州华兴源创科技股份有限公司) (688001.SH) reported a net profit of 130.5 million yuan in the first half of 2023, down 23.9% year-on-year.

Meanwhile, the company posted 886.3 million yuan in revenue, down 19.6% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 28.9%.