Sep 02, 2021 08:00 AM

Hytera Communications Corporation Limited Posted 122.3 Million Yuan Net Loss in First Half of 2021

Hytera Communications Corporation Limited (海能达通信股份有限公司) (002583.SZ) reported a net loss of 122.3 million yuan in the first half of 2021, reversing a net profit of 262.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 28.9% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.

This article was automatically produced by Caixin Automation on Sept. 2, 2021.

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