Hongbaoli Group Corporation,Ltd. Posted 4.1 Million Yuan Net Loss in First Half of 2022

Hongbaoli Group Corporation,Ltd. (红宝丽集团股份有限公司) (002165.SZ) reported a net loss of 4.1 million yuan in the first half of 2022, reversing a net profit of 31.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 23.4% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64%.