Jiangxi Hengda Hi-Tech Co.,Ltd. Posted 4.9 Million Yuan Net Loss in First Half of 2022

Jiangxi Hengda Hi-Tech Co.,Ltd. (江西恒大高新技术股份有限公司) (002591.SZ) reported a net loss of 4.9 million yuan in the first half of 2022, reversing a net profit of 20.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 173.7 million yuan in revenue, down 33.9% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 347.8 million yuan in total liabilities, with a liability-to-asset ratio of 30.9%.