Guangdong Guanhao High-Tech Co.,Ltd. Posted 149.7 Million Yuan Net Loss in First Half of 2023

Guangdong Guanhao High-Tech Co.,Ltd. (广东冠豪高新技术股份有限公司) (600433.SH) reported a net loss of 149.7 million yuan in the first half of 2023, reversing a net profit of 225.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 9.6% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.2%.