Henan Qing Shui Yuan Technology Co.,Ltd. Posted 8.3 Million Yuan Net Loss in First Half of 2023

Henan Qing Shui Yuan Technology Co.,Ltd. (河南清水源科技股份有限公司) (300437.SZ) reported a net loss of 8.3 million yuan in the first half of 2023, reversing a net profit of 106.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 560.1 million yuan in revenue, down 45.1% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.