Chahua Modern Housewares Co.,Ltd. Posted 8.2 Million Yuan Net Loss in First Half of 2022

Chahua Modern Housewares Co.,Ltd. (茶花现代家居用品股份有限公司) (603615.SH) reported a net loss of 8.2 million yuan in the first half of 2022, reversing a net profit of 6.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 326.8 million yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 137.5 million yuan in total liabilities, with a liability-to-asset ratio of 10.2%.