Beijing Aerospace Changfeng Co.,Ltd. Posted 28.2 Million Yuan Net Loss in First Half of 2022

Beijing Aerospace Changfeng Co.,Ltd. (北京航天长峰股份有限公司) (600855.SH) reported a net loss of 28.2 million yuan in the first half of 2022, reversing a net profit of 72.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 646.9 million yuan in revenue, down 33.8% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.