Shanghai Shenda Co.,Ltd. Posted 231.6 Million Yuan Net Loss in First Half of 2022

Shanghai Shenda Co.,Ltd. (上海申达股份有限公司) (600626.SH) reported a net loss of 231.6 million yuan in the first half of 2022, reversing a net profit of 186.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 67.3%.