Shenzhen Frd Science&Technology Co.,Ltd. Posted 48.3 Million Yuan Net Loss in First Half of 2022

Shenzhen Frd Science&Technology Co.,Ltd. (深圳市飞荣达科技股份有限公司) (300602.SZ) reported a net loss of 48.3 million yuan in the first half of 2022, reversing a net profit of 45.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 42.7% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 56.6%.