Suzhou Kelida Building&Decoration Co.,Ltd. Posted 28.4 Million Yuan Net Loss in First Half of 2022

Suzhou Kelida Building&Decoration Co.,Ltd. (苏州柯利达装饰股份有限公司) (603828.SH) reported a net loss of 28.4 million yuan in the first half of 2022, reversing a net profit of 30.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 76.2%.