Aug 26, 2022 08:00 AM

Shandong Oriental Ocean Sci-Tech Co.,Ltd. Posted 7.1 Million Yuan Net Loss in First Half of 2022

By Caixin Automation

Shandong Oriental Ocean Sci-Tech Co.,Ltd. (山东东方海洋科技股份有限公司) (002086.SZ) reported a net loss of 7.1 million yuan in the first half of 2022, narrowing 82% year-on-year.

Meanwhile, the company posted 312.5 million yuan in revenue, up 73.8% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 84.7%.

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