Kraussmaffei Company Limited Posted 346.4 Million Yuan Net Loss in First Half of 2022

Kraussmaffei Company Limited (克劳斯玛菲股份有限公司) (600579.SH) reported a net loss of 346.4 million yuan in the first half of 2022, widening 97% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 17.7 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 73.5%.