Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. Posted 52.3 Million Yuan Net Loss in First Half of 2022

Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. (上海霍普建筑设计事务所股份有限公司) (301024.SZ) reported a net loss of 52.3 million yuan in the first half of 2022, reversing a net profit of 34.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 62.3 million yuan in revenue, down 60.8% year-on-year.

At the end of the reporting period, it had 848.8 million yuan in total assets and 91 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.