Baosheng Science And Technology Innovation Co.,Ltd. Posted 17.7 Million Yuan Net Loss in First Half of 2022

Baosheng Science And Technology Innovation Co.,Ltd. (宝胜科技创新股份有限公司) (600973.SH) reported a net loss of 17.7 million yuan in the first half of 2022, reversing a net profit of 230.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 20.3 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 21.7 billion yuan in total assets and 17.2 billion yuan in total liabilities, with a liability-to-asset ratio of 79.2%.