Thinker Agricultural Machinery Co.,Ltd. Posted 18.3 Million Yuan Net Loss in First Half of 2022

Thinker Agricultural Machinery Co.,Ltd. (星光农机股份有限公司) (603789.SH) reported a net loss of 18.3 million yuan in the first half of 2022, narrowing 57.6% year-on-year.

Meanwhile, the company posted 179.1 million yuan in revenue, down 35.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 638.3 million yuan in total liabilities, with a liability-to-asset ratio of 49.3%.