Hunan Zhenghong Science And Technology Develop Co.,Ltd. Posted 97.1 Million Yuan Net Loss in First Half of 2022

Hunan Zhenghong Science And Technology Develop Co.,Ltd. (湖南正虹科技发展股份有限公司) (000702.SZ) reported a net loss of 97.1 million yuan in the first half of 2022, narrowing 29.2% year-on-year.

Meanwhile, the company posted 497.5 million yuan in revenue, down 30.9% year-on-year.

At the end of the reporting period, it had 851.7 million yuan in total assets and 674.5 million yuan in total liabilities, with a liability-to-asset ratio of 79.2%.