Xi'An Tianhe Defense Technology Co.,Ltd. Posted 24.1 Million Yuan Net Loss in First Half of 2022

Xi"An Tianhe Defense Technology Co.,Ltd. (西安天和防务技术股份有限公司) (300397.SZ) reported a net loss of 24.1 million yuan in the first half of 2022, widening 150.5% year-on-year.

Meanwhile, the company posted 240.6 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 611.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.7%.