Jiangsu Beiren Smart Manufacturing Technology Co.,Ltd. Posted 6.9 Million Yuan Net Loss in First Half of 2022

Jiangsu Beiren Smart Manufacturing Technology Co.,Ltd. (江苏北人智能制造科技股份有限公司) (688218.SH) reported a net loss of 6.9 million yuan in the first half of 2022, reversing a net profit of 6.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 146.2 million yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 836.7 million yuan in total liabilities, with a liability-to-asset ratio of 49.7%.