Hubei Kaile Science And Technology Co.,Ltd. Posted 227.8 Million Yuan Net Loss in First Half of 2022

Hubei Kaile Science And Technology Co.,Ltd. (湖北凯乐科技股份有限公司) (600260.SH) reported a net loss of 227.8 million yuan in the first half of 2022, narrowing 96% year-on-year.

Meanwhile, the company posted 431.1 million yuan in revenue, down 37.1% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 153.1%.