Holitech Technology Co.,Ltd. Posted 848.8 Million Yuan Net Loss in First Half of 2022

Holitech Technology Co.,Ltd. (合力泰科技股份有限公司) (002217.SZ) reported a net loss of 848.8 million yuan in the first half of 2022, reversing a net profit of 59.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 17.3% year-on-year.

At the end of the reporting period, it had 26.7 billion yuan in total assets and 17.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.