Wuhan Xingtu Xinke Electronics Co.,Ltd. Posted 19.8 Million Yuan Net Loss in First Half of 2022

Wuhan Xingtu Xinke Electronics Co.,Ltd. (武汉兴图新科电子股份有限公司) (688081.SH) reported a net loss of 19.8 million yuan in the first half of 2022, reversing a net profit of 1.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 43.2 million yuan in revenue, down 42.3% year-on-year.

At the end of the reporting period, it had 701.4 million yuan in total assets and 47.2 million yuan in total liabilities, with a liability-to-asset ratio of 6.7%.