Elegant Home-Tech Co.,Ltd. Posted 12.6 Million Yuan Net Loss in First Half of 2023

Elegant Home-Tech Co.,Ltd. (爱丽家居科技股份有限公司) (603221.SH) reported a net loss of 12.6 million yuan in the first half of 2023, narrowing 25% year-on-year.

Meanwhile, the company posted 439.1 million yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 585.6 million yuan in total liabilities, with a liability-to-asset ratio of 27.7%.