Qingdao Doublestar Co.,Ltd. Posted 333.3 Million Yuan Net Loss in First Half of 2022

Qingdao Doublestar Co.,Ltd. (青岛双星股份有限公司) (000599.SZ) reported a net loss of 333.3 million yuan in the first half of 2022, widening 544.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 14.7% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 73.3%.