Shenzhen Minkave Technology Co.,Ltd. Posted 83.7 Million Yuan Net Loss in First Half of 2023

Shenzhen Minkave Technology Co.,Ltd. (深圳市名家汇科技股份有限公司) (300506.SZ) reported a net loss of 83.7 million yuan in the first half of 2023, widening 122.6% year-on-year.

Meanwhile, the company posted 47.6 million yuan in revenue, down 68% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 872.7 million yuan in total liabilities, with a liability-to-asset ratio of 66.6%.