Fujian Furi Electronics Co.,Ltd. Posted 123 Million Yuan Net Loss in First Half of 2023

Fujian Furi Electronics Co.,Ltd. (福建福日电子股份有限公司) (600203.SH) reported a net loss of 123 million yuan in the first half of 2023, reversing a net profit of 45.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 51.7% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.4%.