Guangxi Bossco Environmental Protection Technology Co.,Ltd. Posted 89.3 Million Yuan Net Loss in First Half of 2022

Guangxi Bossco Environmental Protection Technology Co.,Ltd. (广西博世科环保科技股份有限公司) (300422.SZ) reported a net loss of 89.3 million yuan in the first half of 2022, reversing a net profit of 81.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 23.5% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 76.9%.