Fanli Digital Technology Co.,Ltd. Posted 12.1 Million Yuan Net Loss in First Half of 2023

Fanli Digital Technology Co.,Ltd. (返利网数字科技股份有限公司) (600228.SH) reported a net loss of 12.1 million yuan in the first half of 2023, reversing a net profit of 6.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 132 million yuan in revenue, down 21% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 195.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.