Jiangxi Zhengbang Technology Co.,Ltd. Posted 4.9 Billion Yuan Net Loss in First Half of 2022

Jiangxi Zhengbang Technology Co.,Ltd. (江西正邦科技股份有限公司) (002157.SZ) reported a net loss of 4.9 billion yuan in the first half of 2022, widening 243.4% year-on-year.

Meanwhile, the company posted 10.1 billion yuan in revenue, down 62.2% year-on-year.

At the end of the reporting period, it had 37.5 billion yuan in total assets and 38.6 billion yuan in total liabilities, with a liability-to-asset ratio of 102.9%.