Guangdong Silver Age Sci&Tech Co.,Ltd. Posted 11.8 Million Yuan Net Loss in First Half of 2022

Guangdong Silver Age Sci&Tech Co.,Ltd. (广东银禧科技股份有限公司) (300221.SZ) reported a net loss of 11.8 million yuan in the first half of 2022, reversing a net profit of 54.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 641.9 million yuan in total liabilities, with a liability-to-asset ratio of 34.8%.